Episode 37

full
Published on:

14th Oct 2021

State taxation of cannabis

In this episode, Alexander Korzhen and Tram Le from TaxOps’ SALTovation Team, provide an overview of state taxation of cannabis. They explain how this taxation as an intrastate enterprise, meaning the product is licenced and sold in the state, will affect taxpayers.

 


What You Will Discover:


  • [00:26] Viewing from a state’s perspective


  • [02:29] State taxation of cannabis is an intrastate enterprise


  • [05:10] Exemptions to consider

 


Quotables:


  • “Understanding your role and understanding what types of taxes that you might be subject to in a given state is really hard to get your arms wrapped around.” -Tram Le [04:37]


  • “There’s a lot of consideration and a lot of detail from state to state.” -Alexander Korzhen [03:43]



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Production Support

This episode was produced with support from Truth Work Media. www.truthworkmedia.com

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About the Podcast

SALTovation: Navigating the Complexities of State and Local Tax by Aprio
A State and Local Tax Podcast by Aprio
Over 1,000 business taxpayers nationwide, and globally, have trusted us to
manage their state and local tax (SALT) obligations. Our innovative SALTovation
team is revolutionizing how companies approach SALT by looking at tax from the
inside out. We know how SALT works, what it takes to maintain compliance, and
how to seize opportunities. With Aprio’s SALTovation team, you gain access to
industry-leading strategies and specialists who can guide businesses and
practitioners on the best path forward, whether you’re proactively addressing
potential issues or getting back on track. Discover how SALTovation can help you
stay ahead and thrive.