New York Governor Signs Marijuana Tax Cut Bills, Providing Local 280E Relief For NYC Businesses

Marijuana Moment
By Kyle JaegerNov 18, 2023, 7:46 am343 ptsTop
New York’s governor has signed legislation that to provide tax relief to New York City marijuana businesses that are currently blocked from making federal deductions under an Internal Revenue Service (IRS) code known as 280E. About five months after the Senate and Assembly approved the proposal, and less than…

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