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CDTFA

California Cannabis Excise Tax and Enforcement Changes

The responsibility for collecting and paying the cannabis excise tax to the California Department of Tax and Fee Administration (CDTFA) shifted from cannabis distributors to cannabis retailers effective January 1, 2023. Among other requirements, cannabis retailers now...

Sales Tax Receipts Up 1.9% First Quarter 2023

The California Department of Tax and Fee Administration (CDTFA) has reported a notable increase in first quarter sales and use tax payments this year. CDTFA received $19.3 billion in sales and use tax payments during the first quarter of 2023, up 1.9 percent, or...

CDTFA Audit Program with Interest Relief

The California Department of Tax and Fee Administration (CDTFA) has updated its long-standing Managed Audit Program (MAP) publication which provides the explanation and benefits available to taxpayers participating in the program.  Under the program, certain taxpayers...

2021 California Main Street Small Business Tax Credit

Qualifying businesses may claim the Main Street Small Business Tax Credit for 2021, equal to $1,000 for each net increase in qualified employees, up to $150,000.  The credit may be applied against sales and use taxes, or income taxes.  To qualify for the credit, the...

How High is California’s Cannabis Revenue?

The California Department of Tax and Fee Administration (CDTFA) reported today that in the first quarter of 2021, California has already generated $131.9 million in cannabis excise tax, $30.7 million in cannabis cultivation tax, and $82.4 million in cannabis sales...

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