Marijuana faces sales tax in Oregon -- but there may be a period of tax-free pot shopping

SALEM--A key legislative committee on Tuesday approved a bill that would establish a sales tax on recreational marijuana sales -- but that could also give bargain shoppers some tax-free pot buying opportunities in the coming months.

The legislation calls for a sales tax of up to 20 percent once state-licensed recreational marijuana retailers open shop sometime in the latter half of 2016.

In the meantime, House Bill 2041, calls for the Legislature to have a stiffer tax of 25 percent if lawmakers decide to go ahead with a temporary program to allow medical marijuana dispensaries to sell to recreational consumers.

But as they say in the late-night infomercials, wait, there's more.  If that early sales program happens -- and it's by no means a certainty -- the pot won't be taxed until Jan. 4.

Why tax-free shopping until then?  It actually has more to do with legislative politics and...

Rate this article: 
Region: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.


URL: 
http://www.oregonlive.com/mapes/index.ssf/2015/06/marijuana_faces_sales_tax_in_o.html