§ 44-70-17. Transfer of revenue.
The division of taxation shall transfer all collections remitted by adult use marijuana retailers pursuant to this chapter due to the net revenue of marijuana products. The tax administrator may base this transfer on an estimate of the net revenue of marijuana products derived from any other tax data collected under this title or data shared by the commission or cannabis office.
History of Section.P.L. 2022, ch. 31, § 4, effective May 25, 2022; P.L. 2022, ch. 32, § 4, effective May 25, 2022.
Structure Rhode Island General Laws
Section 44-70-1. - Definitions.
Section 44-70-2. - State cannabis excise tax — Rate — Payment.
Section 44-70-3. - Local cannabis excise tax.
Section 44-70-4. - Exemptions.
Section 44-70-5. - Application of tax revenue.
Section 44-70-6. - Rates of taxation.
Section 44-70-8. - Sale of contraband products prohibited.
Section 44-70-9. - Recordkeeping.
Section 44-70-10. - Inspections and investigations.
Section 44-70-11. - Suspension or revocation of license.
Section 44-70-12. - Seizure and destruction.
Section 44-70-13. - Penalties.
Section 44-70-14. - Claim for refund.
Section 44-70-15. - Hearings and appeals.
Section 44-70-16. - Disclosure of confidential information.
Section 44-70-17. - Transfer of revenue.