Anchorage |
Code of Ordinances |
Title 12. TAXATION |
Chapter 12.50. RETAIL SALES TAX ON MARIJUANA AND MARIJUANA PRODUCTS |
§ 12.50.030. Retail sales tax on marijuana and marijuana products.
A.
There is hereby levied a tax on all retail sales of marijuana and marijuana products in an amount equal to five percent of the sales price paid.
B.
The tax on marijuana and marijuana products may be adjusted by the assembly as provided in Charter section 14.06.
C.
Every retailer making a taxable retail sale under this chapter shall collect the retail marijuana sales tax from the consumer at the time of collection of the sales price, and shall deliver the same to the municipality in accordance with the requirements of this chapter.
( AO No. 2016-49(S), § 1, 5-10-16 )