Taxation Of A Medical Marijuana Business – How Will The Ninth Circuit Hold?
Cannabis Law Report
JANUARY 7, 2020
If all went well, the marijuana would go to a processing room where it underwent further preparation before being weighed, packaged, and labeled. Taxpayer’s marijuana-containing products included edibles, beverages, extracts, concentrates, oils, etc. The IRS selected Taxpayer’s 2007, 2008, and 2009 income tax returns for audit.
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