New Jersey Tax Division Issues Updated 2023 Tax Law Summary Concerning Cannabis Licensee Business Deductions

 

Bloomberg Tax The New Jersey Division of Taxation May 23 issued a 2023 tax law summary about a law enacted May 8 providing for cannabis licensee business deductions, for individual income and corporate income tax purposes. The summary includes: 1) state cannabis licensees may deduct from their state gross income an amount equal to any 

​ Bloomberg Tax The New Jersey Division of Taxation May 23 issued a 2023 tax law summary about a law enacted May 8 providing for cannabis licensee business deductions, for individual income and corporate income tax purposes. The summary includes: 1) state cannabis licensees may deduct from their state gross income an amount equal to any […] 

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Cannabis Law Report 

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