Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Financial Planning > Tax Planning

Colorado lawmakers set taxes and rules for marijuana sales

X
Your article was successfully shared with the contacts you provided.

Subject to voter approval in a ballot initiative this autumn, Colorado will be the first U.S. state to regulate and tax the use of marijuana for recreational purposes. With the enforcement of the rules to e be paid for by a 15 percent excise tax and a 10 percent sales tax this could be model for future legalization methods.