State reminds medical-pot firms to pay taxes, past and present

The Seattle TimesJanuary 2, 2014 

The state is reminding medical-marijuana businesses they must pay taxes, and plans to collect back taxes from roughly 300 businesses that haven’t apparently paid any.

The Department of Revenue (DOR) expects to send letters Friday to dispensaries, “medible” makers, and other businesses emphasizing that taxes apply to their transactions.

The department believes about 500 registered businesses are now paying taxes.

That number — after a more thorough search — represents a big increase over previous DOR reports. Spokeswoman Kim Schmanke said 102 businesses related to medical marijuana paid about $2.5 million in 2012 state and local taxes.

In a recent check, Schmanke said DOR identified about 800 total businesses statewide that should be paying taxes. It found 311 that didn’t appear to pay taxes.

Read more...

The Olympian is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service