New Jersey Lawmakers Ease Tax Penalty for Cannabis Businesses

New Jersey Lawmakers Ease Tax Penalty for Cannabis Businesses
CANNANNEW REPORT

Bloomberg report New Jersey lawmakers on Monday gave final approval to a bill giving the state’s burgeoning cannabis industry similar abilities as companies in other sectors to take state business tax deductions. The measure would decouple the state’s corporate business tax from federal rules prohibiting deductions and credits for cannabis businesses. The Assembly passed A3946 by a vote of […]

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Source : New Jersey Lawmakers Ease Tax Penalty for Cannabis Businesses

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