New York Lawmakers Send Marijuana Tax Cut Bills To Governor, Providing Local 280E Relief For NYC Businesses

The New York legislature has officially sent legislation to the governor that would provide tax relief to New York City marijuana businesses that are currently blocked from making federal deductions under an Internal Revenue Service (IRS) code known as 280E. About five months after the Senate and Assembly approved the proposal, both chambers transmitted their … Continue reading New York Lawmakers Send Marijuana Tax Cut Bills To Governor, Providing Local 280E Relief For NYC Businesses