Feigenbaum Law

marijuana

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