N.J.S.A. 54A:5-17

Cannabis licensees, gross income.

54A:5-17 Cannabis licensees, gross income. 3. a. For cannabis licensees, New Jersey gross income under subsections b. and k. of N.J.S.54A:5-1 shall be determined without regard to section 280E of the Internal Revenue Code (26 U.S.C. s.280E). b. For purposes of this section, "licensee" means the same as that term is defined in section 3 of P.L.2021, c.16 (C.24:6I-33). L.2023, c.50, s.3.

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This is the verbatim text of N.J.S.A. 54A:5-17, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 54A:5-17 — Cannabis licensees, gross income. | Kyzer