Marijuana Dispensary Urges Supreme Court to Review IRS Summons – Bloomberg Law

A Colorado marijuana dispensary argued the U.S. Supreme Court should consider a challenge to an IRS summons over possibly improper business deductions because the case offers an opportunity to address the definition of constitutional income under the 16th Amendment.

Standing Akimbo LLC, a Denver-based dispensary, argued in a brief Friday that its case could address circuit court splits concerning constitutional income under the 16th Amendment and when an argument can be waived on appeal . The dispensary had petitioned the court in November to hear its challenge to an IRS summons to determine if the dispensary…

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