Charles Sipos, Barak Cohen, Lauren Staniar, and Tre Holloway were quoted in the Law.com* article, "Higher Law: Perkins Coie Backs Tax Challenge," regarding their representation of the National Cannabis Industry Association.

“The [IRS] Commissioner uses § 280E to tax an entire legal industry—one that generates billions of dollars in tax revenue, along with myriad other benefits—on income never realized,” Charles, Lauren, Tre, and Barak wrote on behalf of the National Cannabis Industry Association.

“This punitive, widely applicable scheme is entirely out-of-step with how the Sixteenth Amendment framers viewed Congress’s limited power to tax income,” the attorneys wrote. “It cannot stand.”

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