Oregon Governor Tina Kotek announced this week that cannabis retailers must pay state taxes or regulators won’t issue or renew their licenses.
The directive, which will be carried out by the Oregon Liquor and Cannabis Commission and the Oregon Department of Revenue, will affect more than 820 licensees annually that will need to meet tax compliance, according to a news release issued Tuesday.
“This will help ensure that all businesses are operating under the same rules and not getting any competitive advantage if they haven’t paid their taxes,” Kotek, a Democrat, said in a statement.
According to data from the revenue department, cannabis retailers have a higher noncompliance rate in Oregon for payment of taxes (9%) than other tax programs administered by the department (3%).
Oregon law allows regulators to take action against companies that fail to pay their taxes when it comes to the
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