Fairbanks Marijuana Cultivation Facility Facing Criminal Charges After Failing To Pay Nearly $700,000 In Taxes
Alaskan Blooms owed the state $698,953.77 in excise tax
A marijuana cultivation facility in Fairbanks is facing felony charges after allegedly failing to pay nearly $700,000 in excise tax to the state.
According to the Alaska Department of Law, one count of failure to collect tax was filed against Alaskan Blooms last week, a large-scale grow operation in the Van Horn industrial park that opened in 2016.
As of November 2021, Alaskan Blooms owed the state $698,953.77 in excise tax for the period between September 2019 and November 2020 — when the offense is alleged to have taken place, according to the criminal complaint.
The business reportedly entered a payment plan with the Alaska Department of Revenue in September 2019 and incurred additional penalties and interest for late payments.
According to Alaska Administrative Code 306.480, “A marijuana cultivation facility … shall submit monthly reports to the Department of Revenue and pay the excise tax required on all marijuana sold or provided as a sample to a marijuana establishment.”
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