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McDermott Will & Emery

IRC Section 280E Will No Longer Apply if Marijuana Is Rescheduled

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On May 16, 2024, the US Department of Justice submitted a Notice of Proposed Rulemaking (NPRM) to reschedule marijuana from Schedule I to Schedule III within the Controlled Substances Act....more

McDermott Will & Emery

Weekly IRS Roundup December 12 – December 16, 2022

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Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of December 12, 2022 – December 16, 2022...more

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