DLG Learning Center: Half In, Half Out – Standing Akimbo, LLC v. United States, 594 U.S. (2021)
Cannabis Law Report
JUNE 6, 2022
But because of a public-policy provision in the Tax Code, companies that deal in controlled substances prohibited by federal law are treated differently. In 2009, Congress enabled Washington D. Instead, these businesses can only subtract the cost of goods sold, not the other ordinary and necessary business expenses.
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