Taxes and Cannabis: How 280E Affects the Industry
- Thursday July 28, 2016
Cannabis businesses often pay double the taxes that similar corporations pay, thanks to section 280E of the US tax code. Learn more about how it affects the industry.
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Derek Davis is a Certified Public Accountant (CPA) licensed in the State of California and is the Founder of California Cannabis CPA. Derek has over half a decade of professional at both PricewaterhouseCoopers (PwC) LLP and Deloitte Tax LLP and has nearly two years of professional taxation experience as a sole proprietor. Follow financial and tax related topics facing the Cannabis inudstry through, Facebook, Twitter, and add Derek on Linkedin.
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