Colorado Compliance Taxes 
PYMNTS
NOVEMBER 15, 2018
million to a Virginia company to handle “large cash payments for processing cannabis federal taxes.”. billion in taxes last year on nearly $13 billion in revenue from legal cannabis companies. Most of these companies were forced to pay their federal taxes in cash because about 70 percent of all legal cannabis businesses are unbanked.
PYMNTS
AUGUST 30, 2019
The only certainties in life, the saying goes, are death and taxes. We’ll underscore the certainty of the latter — taxes — for eCommerce firms and sales taxes , especially. Although taxes may be certain — just how much tax is due, and where, and perhaps even when, are all variables that are far from certain.
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PYMNTS
NOVEMBER 16, 2018
states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.
CB Insights
MARCH 4, 2022
Anrok , a SaaS sales tax solution, has raised $20M in a Series A. California-based Anrok unifies sales tax monitoring, calculation, and payments processes across the enterprise financial stack. The startup operates in the US and has teams in San Francisco, Texas, Colorado, and Washington, among other locations in the US.
PYMNTS
OCTOBER 17, 2018
Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. GFA spent time researching how Colorado was affected after it legalized recreational marijuana in 2012: The state’s marijuana businesses were often beset by break-ins, robberies and even murders.
PYMNTS
MARCH 22, 2017
Voters in Colorado amended their state constitution with Colorado Amendment 64, which essentially legalized the recreational consumption of marijuana for adults over 21. Coley, Regulatory & Compliance Principal and Former Fed Bank Examiner Dante Tosetti and Green Bits CEO Ben Curren.
Abrigo
JUNE 27, 2023
In 2016 when the Panama Papers exposed an international network of offshore entities involved in tax evasion, fraud, and sanction evasion, some of which included real estate holdings, regulations began to change. The institutions are the ones shouldering the costs of compliance, examinations, and fines.
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