California Revenue & Taxation Code
Cal. Rev. & Tax. Code § 34012.3
Official textleginfo.legislature.ca.govlast amended
# (a)
The cannabis excise tax required to be collected by a cannabis retailer, and any amount not returned to the purchaser that is not tax but was collected from the purchaser under the representation by the cannabis retailer that it was tax, constitutes debt owed by the cannabis retailer to this state.
# (b)
This section shall become operative on January 1, 2023.
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