Update on unlicensed cannabis tax cases in NJ
We generally recognize that unlicensed cannabis dealers have a potential legal and financial tax liability issue due to…
Category: cannabis
Cannabis taxes will drive consumers back to unlicensed channels
Common sense, anecdotal conversations and third party reports tell us that the unlicensed pot industry is growing and…
Tax Court upholds “gross receipts method” to determine tax liability
A recent U.S. Tax Court Case captioned “Raymond Chico and Ruby Chico v. Commissioner” , Respondent upheld the…
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