Congressional Researchers Analyze Whether Denying Marijuana Business Tax Deductions Under 280E Is Unconstitutional
As a federal marijuana rescheduling decision remains pending, congressional researchers have released an analysis of tax implications for cannabis businesses under current law—including a review of the idea that depriving the industry of the ability to take federal tax deductions amounts to a constitutional violation. In a report published on Friday, the Congressional Research Service […]
As a federal marijuana rescheduling decision remains pending, congressional researchers have released an analysis of tax implications for cannabis businesses under current law—including a review of the idea that depriving the industry of the ability to take federal tax deductions amounts to a constitutional violation. In a report published on Friday, the Congressional Research Service […]
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