Content last updated Nov. 29, 2020

Measure V

Cannabis Business Tax

Summary

Shall the Measure: (1) allowing cannabis businesses to pay business taxes quarterly; (2) allowing cannabis manufacturing and/or cultivation businesses to deduct the value of raw materials from gross receipts in calculating business taxes in the manner applicable to manufacturing businesses; and (3) authorizing the City Council, without returning to the voters, to amend medical or non-medical cannabis businesses taxes in any manner that does not increase the tax rate, be adopted? Percentage Needed to Pass: 50% + 1

This text provided by Alameda County Registrar of Voters

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