Quartz

Cannabis companies are paying federal taxes in cash and it’s giving the IRS a headache

By Justin Rohrlich

November 14, 2018

“Marijuana is now legal, in one form or another, in 33 US states and the District of Columbia. To the federal government, pot is still a drug classified no differently than heroin or cocaine. Yet cannabis businesses are still required to pay federal taxes. (More taxes than most, as Quartz’s Ephrat Livni pointed out last year.)”

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source link:

https://qz.com/1461947/the-irs-cant-handle-cannabis-companies-all-cash-tax-payments/