Advised clients on federal tax issues under Internal Revenue Code Section 280E, which limits the deductibility of certain business expenses in connection with the sale of drugs that are illegal or regulated under federal law.
John C. RodneyJohn Rodney Clark Hill
John C. Rodney
John C. Rodney is a member with Clark Hill's General Corporate / Mergers & Acquisitions Practice Group. He has a broad tax and corporate practice with a particular focus in the tax, technology, and venture capital area. John has more than 30 years of experience representing an array of both companies and investors in sophisticated transactions. John has represented many business owners, partnerships and other entities (including numerous investment funds), and individuals in multiple acquisitions and divestitures, private debt and equity financings, securities offerings, tax planning restructurings, contract matters, tax-oriented transactions, and real estate acquisitions and financings.
John has been listed as a tax lawyer in The Best Lawyers in America since 1995.
Publications / Presentations
Served as a speaker before a number of professional and tax societies including The Minerals, Metals and Materials Society, the MIT Enterprise Forum of Pittsburgh, the Allegheny County and Pennsylvania Bar Associations, CPA Associates, Tri State Tax Institute, Allegheny Tax Society and the Penn State Tax Conference.
In connection with its receipt of two medical marijuana dispensary licenses in Pennsylvania, have advised a client on formulating its application and appeals with respect to these licenses, capital-raising documentation, media “right to know” requests, real estate transactions and zoning, and employment matters.