Quote in: Tax Code’s Drug Trafficking Provision Seen As Out Of Touch

Document Type

Article

Publication Date

February 2018

Abstract

Quoted: "Benjamin Leff, a professor at American University’s Washington College of Law, said IRC § 280E doesn’t make sense as tax policy.If the federal government wanted to penalize cannabis sellers, then it should enforce penalties against those businesses, and if it wanted to tax the profits on a business it should tax the business, but IRC § 280E is an "incoherent mashup" of these two disparate policy goals, Leff said."

Source Publication

Law360

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