A. There is hereby levied a tax equal to five percent of the sales price, upon buyers of all retail sales of marijuana and marijuana products made within the Fairbanks North Star Borough. This tax is imposed on all retail sales of marijuana and marijuana products unless the sale is specifically exempted herein or by other applicable law.

B. All taxes imposed by this chapter are due and payable by the buyer at the time of sale and are delinquent if not paid at the time of sale.

C. The obligation for the payment of the tax is upon the buyer. Every seller shall collect the taxes imposed by this chapter from the buyer at the time of sale and shall deliver the same to the Fairbanks North Star Borough in accordance with the requirements in this chapter. (Ord. 2016-67 § 2, 2016.)