{"id":19971,"date":"2017-10-05T12:49:38","date_gmt":"2017-10-05T20:49:38","guid":{"rendered":"http:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/05\/canadas-rec-cannabis-tax-formula-emerging-10-excise-5-gst\/"},"modified":"2017-10-06T00:45:40","modified_gmt":"2017-10-06T08:45:40","slug":"canadas-rec-cannabis-tax-formula-emerging-10-excise-5-gst","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/05\/canadas-rec-cannabis-tax-formula-emerging-10-excise-5-gst\/","title":{"rendered":"Canada\u2019s\u00a0rec cannabis tax formula emerging: 10% excise + 5% GST"},"content":{"rendered":"<\/p>\n<p>Canada\u2019s federal government floated a possible recreational marijuana taxation plan this week, pitching a\u00a0<a href=\"https:\/\/www.straight.com\/cannabis\/976026\/trudeau-wants-impose-10-percent-federal-tax-recreational-cannabis\">10% excise tax<\/a> on top of the <a href=\"https:\/\/beta.theglobeandmail.com\/news\/politics\/federal-government-to-charge-gst-on-marijuana-sales-stoking-price-concerns\/article36497799\/?ref=http:\/\/www.theglobeandmail.com&amp;\">5% GST levy<\/a> that\u2019s applied to most goods and services sold in the country.<\/p>\n<p>Provinces haven\u2019t weighed in with their own <a href=\"https:\/\/beta.theglobeandmail.com\/news\/politics\/canadian-finance-ministers-to-discuss-marijuana-taxation-in-ottawa\/article35352418\/?ref=http:\/\/www.theglobeandmail.com&amp;\">sales tax<\/a>,\u00a0but once those are included (a near certainty) recreational cannabis could be taxed at between 20%-25%.<\/p>\n<p>In a meeting with premiers, Prime Minister Justin Trudeau proposed the excise tax of 1 Canadian dollar (80 cents) per gram for cannabis sales up to CA$10, rising to 10% thereafter, the Straight and The Globe and Mail reported.<\/p>\n<p> &#8230;<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/mjbizdaily.com\/canadas-rec-cannabis-tax-formula-emerging-10-excise-5-gst\/\">Canada\u2019s\u00a0rec cannabis tax formula emerging: 10% excise + 5% GST<\/a> is a post from: <a href=\"http:\/\/mjbizdaily.com\">Marijuana Business Daily: Financial, Legal &amp; Cannabusiness news for cannabis entrepreneurs<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nRead More: <a href=\"https:\/\/mjbizdaily.com\/canadas-rec-cannabis-tax-formula-emerging-10-excise-5-gst\/\" target=\"_blank\">Canada\u2019s\u00a0rec cannabis tax formula emerging: 10% excise + 5% GST<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada\u2019s federal government floated a possible recreational marijuana taxation plan this week, pitching a\u00a010% excise tax on top of the 5% GST levy that\u2019s applied to most goods and services sold in the country. Provinces haven\u2019t weighed in with their own sales tax,\u00a0but once those are included (a near certainty)<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/05\/canadas-rec-cannabis-tax-formula-emerging-10-excise-5-gst\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":79,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,682,1899,172,10,1900],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/19971"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/79"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=19971"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/19971\/revisions"}],"predecessor-version":[{"id":19972,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/19971\/revisions\/19972"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=19971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=19971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=19971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}