Harborside Fires Back at IRS

Oakland-based dispensary chain Harborside has accused the IRS of taking a “neutered” view of the U.S. Constitution, while seeking to “weaponize” federal tax law. It’s the latest salvo in a federal tax fight about 280E, the industry-hated IRS rule which limits the deductions cannabis companies can take on their taxes.

Harborside is battling the IRS in the U.S. Court of Appeals for the Ninth Circuit after a U.S. Tax Court ruled in October 2019 that the company owed $11M in taxes due to inappropriately claiming . . .