IRC § 280E is a Target for Cannabis Legal Reform in 2023
Canna Law Blog
JANUARY 10, 2023
Will we see tax reform in 2023 for cannabis sellers? IRC 280E was passed by Congress in 1982 in response to a case where the Tax Court ruled that a taxpayer could deduct expenses relating to his sales of cocaine, amphetamine, and cannabis. Specifically, the application of IRC 280E. Even if Rep. The impact of IRC 280E.
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