Iowa Code § 453B.7
Tax imposed — rate of tax
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2017
As of January 1, 2012
An excise tax is imposed on dealers at the following rates:
An excise tax is imposed on dealers at the following rates:
1. On each gram of processed marijuana, or each portion of a gram, five dollars.
1. On each gram of processed marijuana, or each portion of a gram, five dollars.
2. On each gram or portion of a gram of any taxable substance sold by weight other than marijuana, two hundred fifty dollars.
2. On each gram or portion of a gram of any taxable substance, other than marijuana, sold by weight, two hundred fifty dollars.
3. On each unprocessed marijuana plant, seven hundred fifty dollars.
3. On each unprocessed marijuana plant, seven hundred fifty dollars.
4. On each ten dosage units of any taxable substance, other than unprocessed marijuana plants, that is not sold by weight, or portion thereof, four hundred dollars.
4. On each ten dosage units of any taxable substance, other than unprocessed marijuana plants, that is not sold by weight, or portion thereof, four hundred dollars.
90 Acts, ch 1251, §43
90 Acts, ch 1251, §43
C91, §421A.7
C91, §421A.7
C93, §453B.7
C93, §453B.7
95 Acts, ch 83, §32
95 Acts, ch 83, §32; 2013 Acts, ch 90, §108
Referred to in
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.