California Bill Proposes Crypto Tax Payments for Cannabis Businesses

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California cannabis-related businesses could soon be paying their taxes in cryptocurrencies.. Assembly Bill 953 (AB-953), if passed into law, will allow for payment of taxes in stablecoins. The Medicinal and Adult-Use Cannabis Regulation and Safety Act (MAUCRSA) allows for a county to impose a tax on cannabis-related business activities. Introduced by California Assembly members Phil […]

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