Cannabis (or marijuana) dispensaries have long stated that they are subjected to harsher tax consequences under the Internal Revenue Code (“IRC” or “Code”) than their “legal” counterparts. Specifically, they have argued, in...more
6/10/2020
/ Business Losses ,
Cannabis-Related Businesses (CRBs) ,
Constitutional Challenges ,
Cost of Goods Sold (COGS) ,
Dispensaries ,
Income Taxes ,
Internal Revenue Code (IRC) ,
Marijuana Related Businesses ,
Sixteenth Amendment ,
Tax Court ,
Tax Deductions
For the last 26 years, Quill v. North Dakota acted as a default tax protector for out-of-state sellers and web-based businesses that had no physical presence in the jurisdictions where they sold and shipped products. As such,...more
6/22/2018
/ Appeals ,
Commerce Clause ,
Constitutional Challenges ,
Internet Retailers ,
Interstate Commerce ,
Out-of-State Companies ,
Physical Presence Test ,
Quill ,
Reversal ,
Sales & Use Tax ,
SCOTUS ,
South Dakota v. Wayfair ,
Substantial Nexus