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The Nevada Division of Taxation says marijuana tax earnings collection in October became a in point of fact principal since licensed leisure sales began in 2017
January 15, 2020, 1: 54 AM
1 min read
LAS VEGAS — Nevadamarijuanatax earnings collection in October became a in point of fact principal since licensed leisure sales began in 2017, express officers acknowledged.
The Nevada Division of Taxation took in $9.8 million, a upward thrust of virtually $1.6 million from October 2018, The Las Vegas Solar reported Monday.
The earnings became more than $1 million elevated than the quantity soundless in September, officers acknowledged.
The express collects a 15% wholesale cultivation and manufacturing tax and a 10% excise tax on retailmarijuanasales.
The express has soundless $36.7 million in marijuanataxesthru the significant third of the 2020 fiscal one year, a upward thrust of virtually 16% from the a similar four months of the 2019 fiscal one year, officers acknowledged.
The October collection became aided by a principal month for sales in Clark County, which registered taxable sales earnings of $50.7 million. That became a upward thrust from $46.8 million for September, officers acknowledged.