Thursday, November 21, 2019
Assignment Essay Example | Topics and Well Written Essays - 750 words - 16
Assignment - Essay Example According to the law, a drug dealer means a person who ships, transports, or imports or acquires purchases, possess, manufactures or introduces drug substances in that state. According to the law of Iowa, a person becomes a dealer if he or she introduces seven plus grams of a dutiable constituent except marijuana, but comprising a chargeable means, especially a blend of cannabis sativa and other taxable affluences. It also applies when a person gets into possession of forty-two and half or more of refined cannabis sativa, or of a matter consisting of or comprising cannabis sativa. A person in possession of one or more unprocessed marijuana plants becomes subject to the drug-stamp Act. Ten and above prescription components of a taxable matter that is not sold by mass (Department of Iowa Revenue Web). The following rates of tax are imposed on the dealership of marijuana. On every gram of processed marijuana, five dollars is taxed. On every metric gram of any dutiable substance, sold by mass, other than cannabis sativa, two hundred and fifty dollars fee is imposed. Seven hundred and fifty dollars is charged for every unprocessed marijuana plant. Four hundred dollars fee is imposed on every ten-dosage units that are not sold by weight or portions thereof. Tax payment is required upon possession of drugs. Any person dealing with drugs and fits in any of the above categories is required to buy drug tax stamps and affix the stamps on the drugs. To avoid self-incrimination, a person is not required by the law to divulge any personal information. However, there are some penalties imposed on dealers of marijuana. The director assesses tax, interests, and appropriate penalties based on information available. However, the following information is confidential stamp sales and inquiries, assessments, bank levy, and payments. Garnishment and lien can only be exposed to the public if the papers are forwarded to the
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.