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Cannabis Tax Calendar

This blog lists the major cannabis taxes and other information with links to the government website. 

 (Look back often as this calendar is updated periodically with more state and municipalities specific information.)

 If you would like a pdf version, request it via email at robert@cannacpamasters.com

GovernmentAgencyTax TypeTax Due DateWebsiteType Description
FederalIRSBusiness IncomeApril 15Visit WebsiteSole Proprietor (Single-Member LLC)
FederalIRSBusiness IncomeMarch 15 (Informational return only (pass-through)Visit WebsitePartnership (LLC, S-Corp)
FederalIRSBusiness IncomeApril 15Visit WebsiteCorporate
FederalIRSEstimated Quarterly TaxApril 15Visit WebsiteQ1 (Jan-mar)
FederalIRSEstimated Quarterly TaxJune 15Visit WebsiteQ2 (Apr-June)
FederalIRSEstimated Quarterly TaxSept 15Visit WebsiteQ3 (July-Sept)
FederalIRSEstimated Quarterly TaxJan 15 of the following yearVisit WebsiteQ4 (Oct-Dec)
FederalIRSEmploymentApr 30Visit WebsitePayroll - Q1
FederalIRSEmploymentJuly 31Visit WebsitePayroll - Q1
FederalIRSEmploymentOct 31Visit WebsitePayroll - Q3
FederalIRSEmploymentJan 31 of the following yearVisit WebsitePayroll - Q4/Annual
CaliforniaFTBBusiness IncomeApril 15Visit WebsiteSole Proprietor (Single-Member LLC)
CaliforniaFTBBusiness IncomeMarch 15Visit WebsitePartnership (LLC, S-Corp)
CaliforniaFTBBusiness IncomeApril 15Visit WebsiteCorporate
CaliforniaEDDEmploymentApril 30Visit WebsitePayroll - Q1
CaliforniaEDDEmploymentJuly 31Visit WebsitePayroll - Q1
CaliforniaEDDEmploymentOctober 31Visit WebsitePayroll - Q3
CaliforniaEDDEmploymentJan 31 of the following yearVisit WebsitePayroll - Q4
CaliforniaCDTFASales and Use taxCDTFA assigns filing frequency based on your reported or anticipated taxable sales at time registration. Visit WebsiteMust register and have a sellers permit to sell cannabis and/or cannabis products. Retailers charge and collect sales tax from customers on taxable retails sales of cannabis and cannabis products. Certain sales of medical cannabis are exempt from sales and use tax
CaliforniaCDTFAExcise TaxDue to Distributor on transferVisit Website15% excise tax is imposed on taxable retail sales of cannabis and cannabis products. Retailers charge and collect excise tax from customers and remit to CDTFA.
OregonOLCCExcise TaxFile QuarterlyVisit WebsiteMust be licensed by OLCC and file quarterly returns. 17% excise tax paid to OLCC and 3% locality tax paid to the locality or the Oregon Dept. of Revenue
NevadaDORExcise TaxFile monthly on the last day of the following monthVisit Website15% excise tax on the first wholesale sale calculated on FMV, sales tax, 10% retail excise tax on the sale price when sold by an adult-use cannabis retail store. Taxes paid to the Nevada Dept of Revenue.
ArizonaDORTransaction Privilege and Excise TaxFile monthlyVisit Website A 16% transaction privilege tax and excise tax is added to retail sales and payable to the Arizona Dept. of Revenue
MontanaDORExcise TaxQuarterly, due on the 15th of the following monthVisit WebsiteBeginning on 1/1/22 a 20% tax is payable to the MT Dept of Revenue-Cannabis Control. Municipalities may add up to 3% additional tax.
ColoradoDORSales Tax & Excise TaxDue monthly on the 20th of the monthVisit WebsiteA 15% excise tax and a 15% retail tax is added on retail sales and payable to the Colorado Dept of Revenue. Localities may have additional taxes up to 8%.
AlaskaDORExcise TaxLast day of the month following the month in which marijuana was soldVisit WebsiteExcise tax of $50/ounce for flowers, Excise tax of $15/ounce for stems and leaves and Excise tax of $25/ounce for immature flowers/buds. Payable to the AK Dept of Revenue
IllinoisDORExcise Tax, Cultivation Privilege Tax, and and Sales TaxMontly, due on the 20th of the following monthVisit Website7% Tax on Sales to Dispensaries. Retail Excise Taxes: 10% on marijuana with THC level of 35% or less, 20% on cannabis-infused products, 25% for marijuana with THC level above 35% and Local option tax up to 3%
MichiganDORExcise Tax and Sales TaxQuarterly due on the 20th of the following monthVisit Website10% Retail excise tax and 6% state sales tax payable to the Michigan Dept of Treasury
MaineDORExcise TaxMontlhy, due on the 15th of the following monthVisit WebsiteExcise tax of $335 per pound - flower, Excise tax of $94 per pound - trim, Excise tax of $1.50 per seedling, Excise tax of $0.35 per seed payable to the Maine Revenue Service
MaineDORSales TaxMontly, quarterly or annually based on sales volmeVisit WebsiteRetail sales tax of 10%
MassachusettsDORExcise TaxMonthly, due on the 30th of the following monthVisit Website10.75% Excise Tax on retail sales, local option Excise Tax of up to 3% is permitted, payable to the Massachusetts Dept of Revenue
New JerseyNJ TreasurySocial Equity Excise Fee (SEEF)Monthly, due on the 20th day of the following monthVisit Website6.25% Retail Sales Tax applies
New YorkDORretail tax 13%Filed quarterly Visit Website7% of sales tax payable to the NJ Treasury Dept.
ConnecticutDORState cannabis tax, municipal cannabis tax, sales taxMonthly, due on the 30th of the following monthVisit WebsiteMust be a licensed adult-use distributor or retailer with the NY Office of Cannabis Management and NY Tax Dept. Distributors pay tax based on products sold
New MexicoDORExcise tax 12%, Gross Receipts Tax (GRT)MonthlyVisit WebsiteThree tax rates imposed, depending on amount of THC, to retail sales of adult-use cannabis products; cannabis plant materials, edibles, and other
VermontDOR14% Excise Tax, 6% sales taxMonthlyVisit WebsiteMust be licensed with the Cannabis Control Division and have retail sales of adult-use cannabis
MissouriDOR6% tax on retail salesSame as sales tax calendarVisit WebsiteCannabis retailers and integrated licensees are required to collect the excise tax from purchasers at the time of a taxable sales transaction. Buying or selling cannabis for resale is not subject to cannabis excise tax
Rhode IslandDOR10% State excise tax and 3% local Excise taxMonthly due on the 20th day of following monthVisit Website
MarylandMMCCLegalized adult use marijuana but still working on creating and enforcement of taxationLegalized adult use marijuana but still working on creating enforcement of taxationVisit WebsiteAdult use excise taxes are imposed on cannabis and cannis products sold by a licensed adult use retailer. Medical cannabis is exempt from excise tax
VirginiaCCARetail sales will begin January 1, 2024Retail sales will begin January 1, 2024Visit WebsiteLegalized adult use marijuana but still working on creating and enforcement of taxation
WashingtonLCBExcise TaxFile monthlyVisit WebsiteA 37% cannabis excise tax must be collected exclusively at the retail level and paid to LCB
WashingtonDORSalesTaxFile monthlyVisit WebsiteBusiness and occupation tax applies to your business’s gross receipts. You must also collect and submit sales tax on your retail transactions. Retail sales tax must be paid to the Department of Revenue.