NJ Senate Budget Committee Passes Cannabis Business Tax Bill

Heady NJ
By Dan UlloaJan 20, 2023, 4:32 pm154 pts
The New Jersey State Senate Budget and Appropriations Committee passed a cannabis business tax bill yesterday. It was designed to address the fact that licensed cannabis companies cannot deduct their expenses from their taxes, a common practice. The cannabis business tax bill is S 340 “Decouples State tax…

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