Trulieve Tells IRS They Want Their Money Back

According to a report in Green Market Report they’ve told the IRS they are due back $US143 Million


GMR write

The company questioned its tax obligations under 280E.

U.S. giant Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) is seeking a $143 million tax refund from the government for payments made in 2019, 2020, and 2021.

The company argues that based on specific legal interpretations related to section 280E, it shouldn’t have been required to pay certain taxes.

“Trulieve has filed amended federal returns for three prior tax years claiming a $143 million refund for taxes already paid that the company believes it does not owe,” a company spokesperson told Green Market Report in an email.

“We are continually evaluating our tax position and will share additional information as appropriate.”

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