Loophole

This article was originally published on WeedWeek, and appears here with permission. The IRS has updated its guidance for cannabis operators, a move some in the industry view as a rare helping hand from the tax agency. The revised guidance, published Sept. 12, maintains that state-legal marijuana...

On Tuesday, the House Ways and Means Committee holds a hearing to discuss making permanent several of multinationals’ favorite tax code provisions, including the Apple loophole. Thus the House, like the Senate, is in the early stages of enacting these expired provisions yet again. That’s how...