![]() ![]() Please visit Local Option Tax Distribution for additional information.įor more information on Montana’s general provisions for cannabis taxation, please visit 15-64-10, MCA. Local option distributions are connected to the sales taxes collected by licensees and submitted to the Department of Revenue prior to the end of the applicable collection period. ![]() Local Option Tax is not derived from estimated sales reports. A discounted or reduced purchase price amount may not reflect the actual “Retail Price.” The reported monthly sales data shown in these tables may include discounted or reduced purchase prices paid by a purchaser. This established price would not include any discounts or reductions. “Retail Price” is defined as the established price paid by the consumer for marijuana or a marijuana product at an adult use dispensary or medical marijuana dispensary. ![]() The Department of Revenue assesses the Adult Use and Medical Cannabis Tax on the “Retail Price” of all marijuana or marijuana products. The new MSN, Your customizable collection of the best in news, sports, entertainment, money, weather, travel, health, and lifestyle, combined with Outlook, Facebook. 5% of the resulting tax revenue must be retained by the department to defray cost associated with administering the Local Option Marijuana Excise tax.Overall, 633,531 people or 59 of Montana s population have been fully vaccinated. 45% of the resulting tax revenue must be appropriated to the municipalities on the basis of the ratio of the population of the city or town to the total county population In Montana, 731,323 people or 68 of the population have received at least one dose.50% of the resulting tax revenue must be retained by the county The community level of Covid-19 in Carter County is low based on cases and hospitalizations, according to the most recent update from the C.D.C.The rate may not exceed 3%.ĭistribution of Local Option Marijuana Excise tax: Learn about current trends affecting the most significant industries for Montanas state economy, down to the county level. The rate of the Local Options Tax must be established by the election petition or resolution. The Local Options Marijuana Excise tax is a tax on the retail value of all marijuana and marijuana products sold at an adult use dispensary or medical marijuana dispensary within a county. Local Option Tax Cannabis Local Option TaxĪdult-use marijuana sales are prohibited in this county. ![]()
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