California Governor Vetoes Bill to Allow Marijuana Business Owners to Deduct Expenses from State Taxes
SACRAMENTO, Calif. (Sept. 24, 2018) – Last week, California Gov. Jerry Brown vetoed a bill that would have severed a link between state and federal tax law, allowing individuals to deduct expenses from legal marijuana businesses for state income tax purposes. Enactment of the legislation would have encouraged the growth of the legal marijuana market in […]