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Considering Opportunities For The Upcoming Federal Taxation Of Cannabis


The change in the presidential administration has focused cannabis businesses on the potential for legalization nationwide.
Running parallel to full federal legalization will be a corresponding regulatory and taxation scheme replacing the current regime of IRC §280E which prohibits anything but the cost of goods sold being deducted from a state licensed cannabis operation’s income statement. 
The evolution of the federal taxation of cannabis started with the Marijuana Tax Act of 1937, which applied tax to marijuana used for medicine.
Historians and critics alike maligned this legislation as an attempt to stop the use of cannabis rather than tax it. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20140210:04:10:00

Were sanked by the federal court when it was learned that things they had done against former senator ted stephens constituted proscan youitorial misconduct. i think it is time for a special independent counsel to be appointed so we can perhaps have confidence that the criminal actions that have taken place will be investigated and pursued. cleta, i want to bring in to focus, a lot of people assumed when it was exposed and obvious they were targeting the conservative groups and pro-life groups and pro jewish groups it would stop. has the targeting and harrassment stopped or is it still going on. it is still going on, governor. in fact, last august, remember the treasury inspector for tax administration report that confirm approximate ed that ....

Ted Stephens , Sanked By The Federal Court , Proscan Youitorial Misconduct , Mike Huckabee , Approximate Ed , Tax Administration , Treasury Inspector ,

Detailed text transcripts for TV channel - FOXNEWS - 20140210:08:10:00

Were sanked by the federal court when it was learned that things they had done against former senator ted stephens constituted proscan youitorial misconduct. i think it is time for a special independent counsel to be appointed so we can perhaps have confidence that the criminal actions that have taken place will be investigated and pursued. cleta, i want to bring in to focus, a lot of people assumed when it was exposed and obvious they were targeting the conservative groups and pro-life groups and pro jewish groups it would stop. has the targeting and harrassment stopped or is it still going on. it is still going on, governor. in fact, last august, remember the treasury inspector for tax administration report that confirm approximate ed that ....

Ted Stephens , Sanked By The Federal Court , Proscan Youitorial Misconduct , Mike Huckabee , Approximate Ed , Tax Administration , Treasury Inspector ,

Detailed text transcripts for TV channel - FOXNEWS - 20140209:01:10:00

Were sanked by the federal court when it was learned that things they had done against former senator ted stephens constituted proscan youitorial misconduct. i think it is time for a special independent counsel to be appointed so we can perhaps have confidence that the criminal actions that have taken place will be investigated and pursued. cleta, i want to bring in to focus, a lot of people assumed when it was exposed and obvious they were targeting the conservative groups and pro-life groups and pro jewish groups it would stop. has the targeting and harrassment stopped or is it still going on. it is still going on, governor. in fact, last august, remember the treasury inspector for tax administration report that confirm approximate ed that ....

Ted Stephens , Sanked By The Federal Court , Proscan Youitorial Misconduct , Mike Huckabee , Approximate Ed , Tax Administration , Treasury Inspector ,