Nevada Enacts New “Commerce Tax” Into Law

Effective on July 1, 2015, Nevada S.B. 483 imposes an annual commerce tax on business entities engaged in business in Nevada, whose ‘Nevada gross revenue’ in a taxable year exceeds $4,000,000.[1] For this purpose, the tax year is a static twelve-month period running from July 1 through June 30 of the following year, regardless of …

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Business Structure of Marijuana Business

Harborside Health Center, one of the nation’s biggest cannabis dispensaries located in Oakland, CA, is challenging the IRS’s efforts to collect a $2.4 million tax bill resulting from an audit of its returns from 2008 and 2009. The IRS claims that Harborside was not allowed to take business deductions under Section 280E of the Internal …

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Supreme Court Upholds Patent Office Authority

A challenge to the Patent Office’s authority was denied by the Supreme Court earlier this year. This case was one of two significant rulings by the Supreme Court that will affect intellectual property rights well into the future. The issue before the court in this case was how far the Patent Office can go in …

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Challenging The Digital Millennium Copyright Act

On July 21, 2016, the Electronic Frontier Foundation (the “EFF”), a nonprofit who advocates access to technologies through civil liberties, filed a lawsuit that could change the way copyrights are managed in the United States and effectively abroad.

What is Section 1201 of the Digital Millennium Copyright Act?

The Digital Millennium Copyright Act (“DMCA”) was …

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