As you may be aware, in late 2019 the City Council adopted a tax rebate program that allows cannabis operators to receive tax rebates and lower their business tax rate as a result of local hiring, purchasing equity products, providing employees with high wages and/or health benefits, or incubating equity applicants. Please note that cannabis businesses with a tax rate lower than 3.5 percent of their gross receipts are not eligible to receive a tax rebate.
Our office encourages general and equity applicants to explore the information provided below to learn how they can either receive a tax rebate or benefit indirectly through an initial or additional year of incubation.
Information on the tax rebate program is available here.
Tax rebate applications are available here in English, here in Spanish, and here in Chinese.
Please note that only businesses that have timely and fully paid all business taxes owed for the year are eligible for the rebate of the taxes paid, including those on payment plans, and that the deadline for submitting a tax rebate application is fifteen months from the date of payment.