Half-Baked Tax Law: Limitations to the Public Policy Doctrine
3 Pages Posted: 5 Nov 2019
Date Written: April 29, 2019
In this article, Allen explains why section 280E continues to be a tax bomb for state-legal cannabis businesses. She argues that as the industry expands, limitations in the statute will become increasingly crucial until legislative changes are made.
Keywords: tax, taxation, cannabis, 280E, depreciation, amortization
JEL Classification: K34
Suggested Citation: Suggested Citation