Oklahoma Administrative Code
Title 710 - Oklahoma Tax Commission
Chapter 65 - Sales and Use Tax
Subchapter 19 - Specific Applications and Examples
Part 25 - "M"
Section 710:65-19-216 - Medical marijuana
Current through Vol. 42, No. 1, September 16, 2024
(a) Definitions. The following words and terms, when used in this Section shall have the following meaning, unless the context clearly indicates otherwise:
(b) General permitting requirements. In order to begin selling medical marijuana and medical marijuana products, a dispensary must either hold or obtain an Oklahoma sales tax permit from the Commission pursuant to OAC 710:65-9-1.
(c) Sales of medical marijuana and marijuana products. Gross receipts derived from sales of medical marijuana and medical marijuana products are subject to state and local sales tax.
(d) Sales tax computation. The 7% gross receipts tax is not part of the gross receipts for purposes of calculating the sales tax due, if the tax is shown separately from the price of the medical marijuana. Example:
(e) Agricultural sales tax exemption permit eligibility. Provided all other requirements are met, persons possessing a commercial grower license issued by the Department are eligible for an agricultural sales tax exemption permit. The applicant grower must provide the commercial grower license number issued to the grower by the Department.
(f) Manufacturer's sales tax exemption permit ineligibility. The processing of marijuana is not commonly regarded as manufacturing; therefore, marijuana processors are not eligible for a manufacturer's sales tax exemption permit. However, processors are eligible for an Oklahoma sales tax permit which will allow them to purchase marijuana and other marijuana products exempt from sales tax to be resold to dispensaries.