Fed. Law Doesn't Bar Deductions For Pot Biz, Justices Hear

By Yvonne Juris · July 29, 2019, 6:00 PM EDT

The owners of a Colorado marijuana business are entitled to tax breaks since a federal law disallowing business deductions for the sale of illegal substances does not override Colorado law, the...

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Case Information

Case Title

Neil Feinberg, et al., Petitioners v. Commissioner of Internal Revenue

Case Number

19-129

Court

Supreme Court

Nature of Suit

Tax Court (agency) 

Date Filed

July 26, 2019