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Justin Trudeau surprises premiers, outlines proposed excise tax

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john1311 Member Level  Wednesday, 10/04/17 02:30:43 AM
Re: doogdilinger post# 3711
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Justin Trudeau surprises premiers, outlines proposed excise tax on legalized marijuana

OTTAWA – Prime Minister Justin Trudeau is proposing to levy a federal excise tax on recreational marijuana once it becomes legal next July, with the provinces and territories receiving half the revenue.

Under the federal proposal put to premiers during a first ministers meeting today, each gram of pot would be subject to an excise tax of $1 on sales up to $10 and a 10 per cent tax on sales of more than $10.

https://globalnews.ca/news/3783776/justin-trudeau-outlines-tax-on-marijuana/


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