Taxation Of A Medical Marijuana Business – How Will The Ninth Circuit Hold?
Cannabis Law Report
JANUARY 7, 2020
Also during those years, California allowed the collective or cooperative cultivation of marijuana for medicinal purposes. In order to operate a dispensary in compliance with California law, Taxpayer was organized and run as a not-for-profit. The IRS selected Taxpayer’s 2007, 2008, and 2009 income tax returns for audit.
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