According
to recently issued guidance
from DRS, sales of marijuana by licensed dispensaries will be subject to
Connecticut's 6.35% sales and use tax.
Special
Notice 2012(5) also points out that licensed marijuana producers may be able to
claim the state sales tax exemption for farmers (CGS § 12-412 (63)). This exemption allows entities engaged in
agricultural production as a trade or business to be exempt from the sales and
use tax for purchases of tangible personal property used exclusively for
agricultural production.
DRS also
notes that qualifying patients, physicians, primary caregivers, producers, and
dispensaries will be considered in lawful possession of marijuana and therefore
not be subject to state's excise tax on illegal sales of marijuana.
