In this section of BLAZE, taxes are separated into two categories: Cannabis and Non-Cannabis. These Global Settings will need to be established in order to collect tax from your customers based on the product that has been specified at the category and / or product levels. Please navigate to the section you wish to learn more about.
There are many ways to configure the tax settings. They will vary from business to business and county to county.
Please consult with your Tax Professionals when configuring BLAZE to your specific needs.
Cannabis Taxes
Regular vs Complex
There are two options when setting up your tax rates: Regular and Complex.
- Regular entails that all consumer types will be charged the same tax rates. This is applicable to states that do NOT have variable tax rates based on consumer types.
NOTE: OR does NOT have variable tax rates based on consumer type - Complex entails that different tax rates can be set based on the specific consumer type. This is applicable to states that HAVE variable tax rates based on consumer types (ie Adult Use vs MMIC vs Third Party).
NOTE: Some states have variable tax rates based on consumer type
Tax Names
Tax names can be customized to display a different name than the traditional options available:
- City
- County
- State
- Federal
NOTE: This will be the order in which taxes are applied, from top to bottom
Adult Use vs Medicinal - MMIC vs Medicinal - Third Party
If tax options are set to Complex, you will need to add tax rates to each of the consumer types available in BLAZE. Fill in the following information for each Consumer Type:
- Name: Name of the traditional option in BLAZE
- Display Name: Name that displays to the customer when checking out / on their receipt
- Tax Rate: Numeric value of the tax rate
- Compound: If enabled, this will change the way the tax rates are combined
- Tax Order: Post tax vs Pre tax
- Active: If enabled, the tax rate will be applied
- Tax Excise: If enabled, this specific tax rate will tax the excise tax
Non-Cannabis Taxes
Include Non-cannabis Tax - When enabled, this will override any product that is set to "non-cannabis" with the taxes that are specified within this global setting.
Tax Option: Regular vs Complex
There are two options when setting up your tax rates: Regular and Complex.
- Regular entails that all consumer types will be charged the same tax rates. This is most applicable to states that do NOT have variable tax rates based on consumer types.
- Complex entails that different tax rates can be set based on the specific consumer type. This is most applicable to states that HAVE variable tax rates based on a member's consumer type (ie Adult Use vs MMIC vs Third Party).
Tax Names
Tax names can be customized to display a different name than the traditional options available:
- City
- County
- State
- Federal
NOTE: This will be the order in which taxes are applied, from top to bottom
Adult Use vs Medicinal - MMIC vs Medicinal - Third Party
If tax options are set to Complex, you will need to add tax rates to each of the consumer types available in BLAZE. Fill in the following information for each Consumer Type*:
- Name: Name of the traditional option in BLAZE
- Display Name: Name that displays to the customer when checking out / on their receipt
- Tax Rate: Numeric value of the tax rate
- Compound: If enabled, this will change the way the tax rates are combined
- Tax Order: Post tax vs Pre tax
- Active: If enabled, the tax rate will be applied
*Typically, for non-cannabis products, the rates for all 3 consumer types will be the same. However, it is recommended that if Complex is specified for Cannabis Taxes, then Complex should also be specified for Non-Cannabis Taxes.
***Always consult a Professional / CPA / Attorney, before setting / changing your taxes ***
BLAZE is a complex and sophisticated SaaS platform that provides a series of individual tax settings for each client customer, subject to the advice of their tax advisor professional that enables the client customer to comply with local, state, and national government tax schemes. You will be solely responsible for your tax settings. Tax rates vary and are subject to change. You and your tax professional are responsible for reviewing, updating, and applying the specific tax rates for your service area(s). The collection, retention, and payment of applicable tax liabilities to appropriate authorities is your sole responsibility. BLAZE makes no warranty nor representation that the tax rates you select are appropriate and correct. You expressly agree BLAZE shall not have any liability for under or overcollection of your tax liabilities.
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