Latest Tax Administration Report Raises Questions for Cannabis Businesses

Cannabis Business Times
Apr 14, 2020, 9:09 am212 pts
The Treasury Inspector General for Tax Administration published a March 30 report that shed light on pertinent changes for cannabis businesses. From the jump, no, IRS Code 280E isn’t going anywhere just yet. “Industry sources projected that the U.S. legal marijuana industry took in nearly $11 billion in…

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