For Immediate Release: July 14, 2015
Contact: Francis Taylor, 1-310-297-5201
BOE Chairman Supports Targeting Medical Cannabis Tax Evasion
Illegal Medical Cannabis Businesses Rob Millions from California
Los Angeles – Board of Equalization (BOE) Chairman Jerome E. Horton announces his support for a “Cannabis Tax Enforcement ‘Eliot Ness’ Plan,” which is intended to educate, investigate, audit, arrest, and force cannabis sellers to pay their fair share of taxes. Horton is sponsoring new legislation authored by Assemblyman Mike Gipson, “The Cannabis Tax Amnesty Act,” which is an important part of this plan to encourage cannabis operators to comply with current laws and regulations.
“Because of the illegal aspect of cannabis sales and their potential to fund illegal activities in our communities, it is important that we distinguish between the responsible and irresponsible growers, distributors, vendors and consumers, and enforce the law to its fullest extent for those who choose to violate existing law,” said Chairman Horton. “The Cannabis Tax Amnesty Act is an opportunity for those not in compliance to bring themselves out of the shadows of the underground economy and in line with existing law.” Continue reading