obscure tax codes and high taxes for legal cannabis businesses

Marijuana Companies Fighting the IRS

Posted on Leave a commentPosted in marijuana rules

The Internal Revenue Service has written specific rules for every profession and activity, legal and illegal. For political bribes, see tax code 162(c) and for trafficking illegal drugs see tax code 280e. Legal marijuana companies¬†are required to pay taxes under the same category of illegal drug traffickers because cannabis is still a federally illegal drug […]