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Pot Business Asks 10th Circ. For Equal Treatment From IRS

Law360 (March 8, 2018, 5:34 PM EST) -- A Colorado marijuana dispensary asked the Tenth Circuit on Wednesday to stop the IRS from investigating businesses for criminal activity and to overturn a tax code provision disallowing business deductions for the sale of medical marijuana.

The case highlights difficulties faced by the medical marijuana industry in operating within the financial and tax structures of mainstream businesses.

Alpenglow Botanicals LLC filed suit in federal district court after the Internal Revenue Service denied its deduction of more than $50,000 in business expenses for tax years 2010 through 2012....
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Case Information

Case Title

Alpenglow Botanicals, LLC, et al v. United States of America


Case Number

17-1223

Court

Appellate - 10th Circuit

Nature of Suit

2870 Tax Suits

Date Filed

June 28, 2017

Law Firms

Government Agencies

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