Back to all updates

Current Federal Tax Developments · Jan 30, 2026

Court of Federal Claims Confirms Section 280E Bars Cannabis Businesses from Claiming Employee Retention Credit

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 Court of Federal Claims Confirms Section 280E Bars Cannabis Businesses from C.... Worth reviewing for potential client impact.

Summary

In a significant ruling for the cannabis industry and tax practitioners representing clients in the sector, the United States Court of Federal Claims has issued a memorandum and order in Gravenstein 116, LLC v. The United States. The decision provides a strict statutory interpretation of Internal...

Classification

Category: fyiPriority: importantReason: Contains 'ruling' - significant update

Applies To

1065payroll

Affected Groups

Partnership/LLC preparers, Payroll/employment tax specialists

Related Topics

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

Read original article