Feigenbaum Law

marijuana tax

Marijuana tax

Corporate Tax Planning

Ottawa Announces Tax Proposal on Marijuana Sales

With legal sales of marijuana in Canada being only months away, the federal government announced a plan this week to impose a 10% tax on marijuana sales to be evenly split with the provinces. The proposal was quickly criticized by a number of Premiers who want a bigger cut, arguing that provinces are bearing the majority of the costs of implementing legalization. Pending Legalization Effective July 1, 2018, Canada plans on legalizing marijuana by… Read More