1

Supreme Court Upholds Tax on Foreign Business Income, Defers Constitutional Question

News Discuss 
The U.S. Supreme Court upheld the Mandatory Repatriation Tax (MRT) on foreign business income in the case *Charles G. Moore v. United States*, ruling the tax constitutional but deferring a broader constitutional question about taxing unrealized income. The 7-2 decision emphasized precedent, avoiding a decision on whether income must be "realized" before taxation. While confirming the ... https://bostonfagroup.com/#/Supreme-court-defers-fundamental

Comments

    No HTML

    HTML is disabled


Who Upvoted this Story