有效的中国合同

为什么我们喜欢Harborside IRC § 280E的上诉?

最近,我提到,除了Champ诉专员,没有一家大麻公司在《国内税收法》第280E条案件中获胜。比较著名的挫折之一是2018年的一个被称为Harborside诉专员的案件,该案件明确认定《国内税收法》第280E条符合宪法。该判决以令人难忘的一句话开始:":"[Harborside]拥有什么

canna law blog

Tax Court Deals Another Blow to Cannabis Management Company Model

On December 20th, U.S. Tax Court issued its opinion in Alternative Health Care Advocates et al. v. Commissioner of Internal Revenue. The long opinion details various issues related to the specific case, but we will concentrate on one relatively small piece of it. How would the Tax Court treat income paid from a marijuana retailer

canna law blog

Cannabis Tax Crimes: Don’t Even Think About It

Today let’s talk about Matthew Price, the Oregon marijuana businessman headed to jail for tax crimes. This story got a lot of coverage when it broke last month, partly because it was the first known tax-related prosecution for a licensed pot business owner, and partly because Price was fairly well known in Oregon. He once

canna law blog

California Cannabis Taxes and IRC Section 280E

In California, the first Cannabis Tax Return is due on April 30, 2018 and many of our clients are now working through the issues related to the Cannabis Cultivation and Excise Tax. In addition, many marijuana businesses must file their first 2018 estimated federal tax payment by April 17, 2018. To estimate taxable income, every

canna law blog

California Sales Tax: Good News for Cultivators!

California cannabis businesses are now acquiring temporary permits to enter the new cannabis marketplace made possible under MAURSCA. As part of that process, all cannabis businesses have been introduced to the California Department of Fee and Tax Administration (“CDTFA”), the agency tasked with administering the new cannabis cultivation taxes and sales tax. The CDTFA administers

canna law blog

Tax Reform and Cannabis: What You Need to Know

On December 22, 2017, the Tax Cuts and Jobs Act (“The Act”) otherwise known as PL-115-97, was signed into law. The Act is the most significant overhaul of the U.S. Tax Code since 1986 and is effective beginning in 2018. Accordingly, cannabis businesses need to understand now how the new tax law affects their business.

canna law blog

Cannabis Taxes and Section 280E: Canna Care v. The IRS

The United States Court of Appeals for the Ninth Circuit recently ruled on its second tax case regarding IRC §280E.  Decisions from the Ninth Circuit are significant as they apply to the cannabis-friendly states of Alaska, California, Nevada, Oregon; and Washington. In Canna Care vs. the Commissioner, the Court of Appeals upheld the United States Tax