GroundRules
30 Del. C. § 1625: Special rules for certain tax deductions for pass-through entities.
Where this section sits in the code
- Title 30. State Taxes
- Income, Inheritance and Estate Taxes
- CHAPTER 16. Pass-Through Entities, Estates and Trusts
- Subchapter II. Taxation of Pass-Through Entities and Their Members
(a) Definitions. —
As used in this section:
(1) “Qualified business” means a pass-through entity operating a marijuana establishment pursuant to Chapter 13 of Title 4 or Chapter 49A of Title 16.
(2) “Qualified expenses” mean the ordinary and necessary business expenses paid or incurred for the taxable year in carrying on a qualified business, which are disallowed as a deduction for federal purposes pursuant to § 280E of the Internal Revenue Code [26 U.S.C. § 280E].
(b) Deduction. —
A pass-through entity operating a qualified business may deduct its qualified expenses in computing its total income.
Collected 2026-09-05T23:02:35Z. Source file · JSON