Interesting New Tax Court Decision on Section 280E

[Updated 1/24/19 to elaborate a bit on my two observations] Happy (belated) new year! Back in late November 2018, the United States Tax Court issued a noteworthy decision in a tax proceeding against Harborside Health Center, one of the nation’s largest (if not THE) largest state licensed marijuana suppliers. The full decision in Patients Mutual…

Posted by mikosra on January 23, 2019 in News, Updates, 280E, cannabis, COGS, cost of goods sold, Harborside Health Center, internal revenue service, IRS, marihuana, marijuana, Patients Mutual, Section 280E, tax

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