Every person required to pay a gross receipts tax under this chapter shall keep full,
true, and accurate records as to the amount of cannabis or cannabis products sold
and/or transferred by him or her from operations located within the unincorporated
area of the county, for a period of at least seven years, and shall, upon the demand
of the treasurer-tax collector, make the records, together with any track and trace
reports, shipping documents or sales invoices pertaining to such cannabis or cannabis
products, available for the inspection of the treasurer-tax collector at all reasonable
times.
The treasurer-tax collector shall have the power to audit and examine all books and
records of persons engaged in cannabis operations, including both state and federal
income tax returns, California sales tax returns, bank statements, or other evidence
documenting the gross receipts of persons engaged in cannabis operations, and, where
necessary, all equipment, of any person engaged in cannabis operations in the county,
for the purpose of ascertaining the amount of cannabis operations tax, if any, required
to be paid by the provisions hereof, and for the purpose of verifying any statements
or any item thereof when filed by any person pursuant to this chapter. If such person,
after written demand by the treasurer-tax collector, refuses to make available for
audit, examination or verification such books, records or equipment as the treasurer-tax
collector requests, the treasurer-tax collector may, after full consideration of all
information within his or her knowledge concerning the cannabis operations of the
person so refusing, make an assessment in the manner provided in section 50A-9 of any taxes estimated to be due. The treasurer-tax collector may collect a fee adopted
by the board of supervisors to pay for the cost of examination and audit should the
books and records be provided in a form insufficient to allow the treasurer-tax collector
to make a determination of tax due.
