Taxation Of A Medical Marijuana Business – How Will The Ninth Circuit Hold?
Cannabis Law Report
JANUARY 7, 2020
In order to operate a dispensary in compliance with California law, Taxpayer was organized and run as a not-for-profit. If all went well, the marijuana would go to a processing room where it underwent further preparation before being weighed, packaged, and labeled. As a C-corporation, Taxpayer filed annual Forms 1120, U.S.
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