After a lengthy legal fight with the Internal Revenue Service over the applicability of 280E business deductions to state-legal marijuana companies, Harborside on Monday got its final tax bill from the case: $11 million in back taxes from 2007 to 2012. The case dates to 2016, when Harborside, based in Oakland, California, took the IRS
Cannabis firm Harborside owes $11 million under 280E, US Tax Court rules is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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Originally posted on Cannabis firm Harborside owes $11 million under 280E, US Tax Court rules via George Scorsis Medical Marijuana News
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