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Each taxpayer under this Article shall make estimated funds to the Department on or before the 7th, 15th, 22nd, and final day of the month during which tax legal responsibility to the Department is incurred. The payments shall be in an quantity not les

Each taxpayer under this Article shall make estimated funds to the Department on or before the 7th, 15th, 22nd, and final day of the month during which tax legal responsibility to the Department is incurred. The payments shall be in an quantity not less than the decrease of both 22.5% of the taxpayer’s precise tax liability for the month or 25% of the taxpayer’s actual tax liability for a similar calendar month of the preceding yr. The amount of the quarter-monthly funds shall be credited towards the final tax liability of the taxpayer’s return for that month. “Gross receipts” from the sales of cannabis by a cultivator means the entire selling value or the amount of such sales, as outlined in this Article. In the case of charges and time gross sales, the amount thereof shall be included only when payments are received by the cultivator. The Department of Agriculture and the Department of Financial and Professional Regulation may droop or revoke an agent identification card for a violation of this Act or a rule adopted in accordance with this Act.

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