August 18, 2022 The Best Source of News, Culture, Lifestyle for Culver City, Mar Vista, Del Rey, Palms and West Los Angeles

BOE Chairman Supports Targeting Medical Cannabis Tax Evasion

The BOE has identified 935 active cannabis businesses in the City of Los Angeles of which approximately 258, or 28 percent, were found to be operating without a BOE seller’s permit.
The BOE has identified 935 active cannabis businesses in the City of Los Angeles of which approximately 258, or 28 percent, were found to be operating without a BOE seller’s permit.

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.”

“Amnesty programs have proven to be helpful in reducing crime, increasing compliance, and leveling the playing field for legitimate operators,” said Assemblyman Gipson. “If passed, cannabis operators will have two options: comply with the law or risk imprisonment, as gangster Al Capone did for tax evasion.”

The BOE has identified 935 active cannabis businesses in the City of Los Angeles of which approximately 258, or 28 percent, were found to be operating without a BOE seller’s permit. The passage of Los Angeles Proposition D in 2013 imposed a limit of 135 dispensaries. These operators may have immunity from prosecution, according to the Los Angeles City Attorney.

Although Californians passed Proposition 215 in 1996, legalizing the cultivation and sale of marijuana for medicinal purposes, the possession and cultivation of marijuana for other unauthorized purposes remains illegal – subject to various penalties. For example, possession of less than one ounce of marijuana is an infraction punishable by a fine, while selling marijuana is a felony and may result in imprisonment.

“In Sullivan v. United States, the U.S. Supreme Court declared that income from illegal activities is subject to income tax,” Horton said. “Whether sales of cannabis are legal or illegal; income, sales, and payroll taxes are due and payable under existing law.”

Chairman Horton supports leveraging the collaboration of the BOE with the Franchise Tax Board, Employment Development Department, Department of Justice, and other government agencies to identify illegal medical cannabis businesses in Los Angeles. The Tax Recovery and Criminal Enforcement (TRaCE) Task Force, and other underground economy task forces, will collaborate with local law enforcement to track down the cannabis entities connected to organized crime.

Chairman Horton will host two events in Los Angeles to facilitate compliance in the medical cannabis industry: a Medical Cannabis Telephone Town Hall on August 18, 2015, from 3 p.m. to 4 p.m., and a Medical Cannabis Business Seminar on September 9, 2015, from 1 p.m. to 3 p.m. Both events will be open to the public. The Telephone Town Hall will provide a brief overview of state and federal requirements and links to government agencies frequently asked questions. The Medical Cannabis Business Seminar will explain how to complete the registration with various government agencies. In addition, an online medical cannabis compliance tutorial series will be available on Horton’s website by September 26, 2015. To obtain more information on the Telephone Town Hall meeting or the live presentation, or to register, go towww.boe.ca.gov/horton or call 1-888-847-9652.

in Crime, News
Related Posts

Goop Superfina Opening Westside Ghost Kitchen

August 17, 2022

August 17, 2022

Gwyneth Paltrow coming to Santa Monica August 31 By Dolores Quintana Goop Founder Gwyneth Paltrow has added another arm to...

Chicken Tender Festival Coming to Beverly Hills This Weekend

August 17, 2022

August 17, 2022

Tenderfest happening at the Wallis Annenberg Center this Saturday By Dolores Quintana  Tenderfest is coming to Beverly Hills at the...

Popular Fried Chicken Restaurant Coming to Culver City

August 17, 2022

August 17, 2022

10100 Venice Boulevard location panned for The Red Chick By Dolores Quintana The Red Chickz is coming to Culver City...

Wallis Annenberg PetSpace Hosts Dog-Friendly Comedy Show to Support Animal Rescue

August 16, 2022

August 16, 2022

Thursday, Aug. 18, 2022, 6 to 8:30 p.m.  at Wallis Annenberg PetSpace in Playa Vista Come, sit, stay, and laugh...

Leadership Culver City Seeks Applicants For 3rd Annual Program

August 16, 2022

August 16, 2022

Program aims to encourage greater participation in civic affairs By Staff Writer After a two-year hiatus because of the COVID...

Driver Sought for Fatal Venice Boulevard Hit-and-Run

August 16, 2022

August 16, 2022

August 15 incident kills 35-year-old man By Staff Writer The Los Angeles Police Department, West Traffic Detectives, are investigating a...

Third Wednesdays Hosts Final Event in Downtown Culver City

August 16, 2022

August 16, 2022

A Taste of Summer Ends on Wednesday evening, August 17 with Tropical Staycation theme The Downtown Business Association (DBA) of...

Los Angeles Officials Propose Outright Citywide Ban on Oil Drilling

August 16, 2022

August 16, 2022

Ordinance would prohibit new oil and gas extraction and phase out existing extraction operations Last week the Los Angeles City...

Bonin Targets Sawtelle Parking Lot for Community Space

August 13, 2022

August 13, 2022

11312 W. Idaho Avenue parking lot subject of City Council motion By Dolores Quintana City Councilmember Mike Bonin has proposed...

Former Fox Hills Plaza Mall Sells for $56 Million

August 12, 2022

August 12, 2022

$941 thousand per square foot on sale By Dolores Quintana The former Fox Hills Plaza Mall has finally been sold...

Column: Time to Crack Down on Vacant Homes’ Owners

August 12, 2022

August 12, 2022

By Tom Elias, Columnist ​​There is no doubt California has a housing shortage. That’s fact even in the wake of...

Metro To Hold Community Meetings About Potential Green Line Extension

August 12, 2022

August 12, 2022

By Dolores Quintana Los Angeles Metro is holding a series of public meetings to discuss extending the Metro C or...

Anne Heche Dies Following Mar Vista Crash

August 12, 2022

August 12, 2022

Actress dies at 53 due to injuries sustained in August 5 crash By Sam Catanzaro Anne Heche has died at...

Culver City Police Arrest Man Posed as Amazon Driver for Attempting to Sell Stolen Merchandise

August 12, 2022

August 12, 2022

By Sam Catanzaro A man was recently arrested outside the Westfield Culver City mall for impersonating an Amazon delivery person...

Anne Heche Not Expected to Survive Following Fiery Mar Vista Crash

August 12, 2022

August 12, 2022

Representatives for actress say Heche “suffered a severe anoxic brain injury” and “is not expected to survive” By Sam Catanzaro...