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Post# of 47865
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Mike DD

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Mike DD

Re: grantastic post# 47384

Friday, 11/03/2017 10:00:31 PM

Friday, November 03, 2017 10:00:31 PM

Post# of 47865
“It's been dark for 2 years” “without financials” because of tax code 280e. IMO

“In 1982, Congress enacted Internal Revenue Code Section 280E, which basically states that someone who is doing something illegal can only deduct their COGS.”

Hence no financial filings

https://www.accountingweb.com/tax/business-tax/marijuana-and-taxes-is-there-a-way-around-section-280e


Long MJMJ

Every Bet's a Gamble

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