Tax Court’s decision in Harborside A Big Challenge For CA Cannabis Dispensaries
Cannabis Law Report
OCTOBER 24, 2019
By challenging the IRS’s overly aggressive interpretation of the tax law as it applies to cannabis businesses operating legally under State law, we have succeeded in reducing Harborside’s liability from the $36 million originally sought by the IRS to approximately $11 million – a $25 million reduction.
Let's personalize your content