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Full Tax Court Limits Deduction For Cannabis Biz Owners

By Anna Scott Farrell ( September 11, 2025, 6:44 PM EDT) -- Co-owners of two cannabis businesses owe $1 million in taxes because the wages they paid are rendered ineligible for a business income deduction for pass-throughs by a ban on deductions for companies that traffic in controlled substances, the full U.S. Tax Court ruled Thursday....

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