Tax Court Upholds Constitutionality of Rule Prohibiting Deductions for Marijuana Businesses

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I recently wrote about the Tax Court decision in Northern California Small Business Assistants Inc. v. Commissioner, which addressed whether Section 280E’s denial of tax deductions to marijuana businesses violates the Eighth Amendment as an excessive penalty.  While the Tax Court upheld the constitutionality of Section 280E, the dissenting opinions provided hope for future challenges.  The discussion can be found here.

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