Tax Court Reinforces IRS Code 280E in Harborside Ruling

Cannabis Business Times
Dec 3, 2018, 12:12 pm379 pts
In a landmark U.S. Tax Court ruling, the years-long litigation of Harborside Health Center of Oakland came to a close: The business must repay business deductions taken between 2007 and 2012, due to the federally illegal nature of cannabis. Once again, the courts have held fast to Internal Revenue Code 280E.…

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