Organic Cannabis Foundation v. CIR
-
January 29, 2021
Cannabis Co. Takes $1.3M Tax Fight To High Court
A cannabis company that lost its chance to petition the U.S. Tax Court over a $1.3 million tax bill because it was filed a day late is taking its case to the U.S. Supreme Court, saying Thursday that high court precedent conflicts with the Ninth Circuit's ruling.
-
August 28, 2020
9th Circ. Rejects Revisiting Cannabis Cos.' $2M Tax Fight
The Ninth Circuit on Friday declined to reconsider its earlier decision that two California-based cannabis companies could not challenge a $2 million tax bill from the Internal Revenue Service because they filed their U.S. Tax Court petitions one day late.
-
August 07, 2020
Harvard Tax Clinic Urges 9th Circ. To Reconsider $2M Pot Row
A Ninth Circuit panel erroneously dismissed a U.S. Tax Court petition by two cannabis companies for missing a filing deadline, meriting a reconsideration, a Harvard legal clinic told the circuit court in an amicus brief filed Friday.
-
August 04, 2020
Cannabis Cos. Ask 9th Circ. To Rehear Day-Late $2M Tax Row
A $2 million tax dispute between the Internal Revenue Service and California-based cannabis companies should be reconsidered by the Ninth Circuit, the companies said Tuesday, arguing that their day-late petitions should be reviewed on their merits by the U.S. Tax Court.
-
June 18, 2020
9th Circ. Says Pot Cos.' Tax Petition Dead By Being A Day Late
The Ninth Circuit on Thursday tossed two California cannabis companies' challenges to the tax law that bars marijuana businesses from taking deductions because the petitions seeking review of a nearly $2 million tax bill arrived one day too late.