Laserfiche WebLink
(1) Up to ten percent (10%) of each dollar of gross receipts received or <br />generated for each monthly reporting period. <br />(2) Up to $35.00 per square foot (annual tax rate) prorated monthly to one - <br />twelfth (1/12th) of the annual tax rate amount. <br />(b) These tax rates shall not be adjusted for inflation pursuant to section 21-121 of this <br />Chapter. <br />(c) Notwithstanding the tax rates imposed herein under subsection (a), the City <br />Council may, in its discretion, at any time by resolution, implement any lower tax <br />rate it deems appropriate, and may by resolution increase such tax rate from time <br />to time, not to exceed the maximum rates established by subsection (a). <br />(d) As of the operative date of this Article, the business license gross receipts tax <br />rates and square footage tax rates application to specific commercial cannabis <br />business activities shall be established as follows: <br />Commercial Cannabis Business <br />Gross Receipts <br />Gross Square <br />Activity <br />Tax Rate <br />Footage Tax Rate <br />Adult -use Cannabis Retail <br />8% <br />$ 25.00 <br />Business (including Delivery) <br />Cultivation <br />6% <br />$ 10.00 <br />Distribution <br />6% <br />$ 4.00 <br />Manufacturing <br />6% <br />$ 10.00 <br />Testing Facility or Testing <br />Laboratory (effective December <br />5% <br />$ 1.50 <br />21, 2018 through June 30, 2019) <br />Testing Facility or Testing <br />Laboratory (effective beginning <br />20/6 <br />$ 1.50 <br />July 1, 2019) <br />Commercial cannabis businesses not having a fixed place of business within the <br />city but conducting regular, non -incidental commercial cannabis business activities <br />within the city shall be subject to the gross receipts tax rate(s) as set out in the <br />table above based on the category/categories of commercial cannabis activity <br />conducted. However, such out-of-town commercial cannabis businesses shall not <br />be subject to any gross square footage tax rate(s). <br />(e) As part of the annual gross receipts/square footage tax(es) imposed by this Article, <br />each commercial cannabis business located within the city shall pay a minimum <br />75F-13 <br />