Cannabis Cash Payments.
Position | FTB NEWS |
While you may find that clients in the cannabis industry are only able to pay their tax obligations with cash, the FTB has a no-cash policy. However, since some taxpayers may experience a hardship if required to pay by means other than cash, they may apply for an exemption by using FTB 3711.
Once the exemption application has been received, the FTB will respond in writing within two business days. If approved, the taxpayer or their representative may then contact their nearest field office to schedule an appointment to make the cash payment. Requests for appointments need to be made at least two business days prior to the date you...
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