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Op-Ed: How the U.S. tax code keeps the illegal market for marijuana alive and well

Por: Los Angeles Times Opinion January 25, 2023

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Everyone needs to pay their fair share of taxes, including the cannabis industry. But there is nothing fair about how the federal government treats cannabis under an outdated provision put into the Internal Revenue Service tax code decades ago. It’s fueling the underground market for weed and reducing the tax revenues the federal government should collect. Under Section 280E of the code, cannabis businesses are not allowed to take tax... + full article



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