MJ Biz Reports…
The Biden administration has weighed in on a U.S. Supreme Court marijuana petition, arguing that state-legal cannabis businesses can be investigated by the Internal Revenue Service for potential violations of Section 280E of the tax code.
THE RULING
government-response-Feb-2021It is believed to be one of the first times the U.S. Department of Justice under the new administration has filed an opinion in a marijuana court case.
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Biden’s DOJ lawyers take IRS side in marijuana firm’s 280E fight