Under the Taxpayers' Bill of Rights, Colorado taxpayers are entitled to a refund if a business generates more than $67 million in revenue, unless a ballot measure is passed that allows the state to keep the excess funds generated. In Colorado, it is forecasted that pot revenues will exceed $107 million. Will this mean a refund to Colorado taxpayers? Read more on our blog, HERE.
If you have tax issues or concerns - including issues with pot taxes, or want to lower your business taxes - contact our tax attorney. Fromm our offices in Denver, we serve all of Colorado.