Taxation’s War on Cannabis

Cannabis Now
By Kenneth FordFeb 5, 2021, 3:53 pm265 pts
A recent U.S. 9th Circuit Court of Appeals case could have a significant impact on the federal taxation of cannabis businesses, in particular IRC §280E issues. Harborside, a California cannabis dispensary, appealed the Tax Court’s decision of tax deficiencies totaling over $29 million dollars for the…

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