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Cannabis businesses making cash payments to FTB

March 09, 2018

Taxpayers who are in the cannabis industry and who are only able to pay in cash may apply for an exemption from the FTB’s no cash policy by using Form FTB 3711, No Cash Policy Exemption Request. (FTB Tax News (March 2018))

The FTB will respond to exemption applications in writing within two business days. If the request is approved, the taxpayer may then contact the nearest FTB field office to schedule an appointment to make a cash payment.

Taxpayers required to make mandatory e-payments should complete and submit Form FTB 4107, Mandatory e-Pay Election to Discontinue or Waiver Request (for individuals), or Form FTB 3816, Electronic Funds Transfer Election to Discontinue or Waiver Request (for business entities), each time a cash payment is made.


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