Greenspoon Marder announced today that the firm is being retained to appeal the Tax Court decision in Patients Mutual Assistance Collective Corporation (also known as Harborside) v. Commissioner to the U.S. Court of Appeals for the Ninth Circuit. Harborside is a vertically integrated California cannabis business with several retail locations and more than 250,000 registered customers.
“The IRS interpretation of the tax law as it applies to Harborside, particularly on the vital cost of goods sold issue, is strained and result-driven,” comments James Mann, a tax partner and former Deputy Assistant Attorney General of the Tax Division of the Department of Justice in charge of federal appellate tax litigation. “Harborside’s books and records are exemplary and it made every effort to comply with the reasonable requirements of the tax law. The arguments of Henry Wykowski, Harborside’s counsel in Tax Court, should have prevailed, but there are also arguments of a more technical nature that we want to bring to the Ninth Circuit’s attention,” he added.
“Our firm is committed to addressing the federal issues, including tax issues, facing the cannabis industry,” comments Gerry Greenspoon, co-managing director of Greenspoon Marder.
About Greenspoon Marder
Greenspoon Marder is a national full-service business law firm with 240 attorneys and 26 locations across the United States. We are ranked amongst American Lawyer’s Am Law 200, as one of the top law firms in the U.S. since 2015. Since our inception in 1981, our firm has been committed to providing excellent client service through our cross-disciplinary, client-team approach. Our mission is to understand the challenges that our clients face, build collaborative relationships, and craft creative solutions designed and executed with long-term strategic goals in mind. We serve Fortune 500, middle-market public and private companies, start-ups, emerging businesses, individuals and entrepreneurs nationwide.
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SOURCE Greenspoon Marder