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

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The U.S. Supreme Court recently upheld the Mandatory Repatriation Tax (MRT), a one-time tax on accumulated but undistributed foreign earnings, while avoiding the broader constitutional question of whether income must be "realized" before it can be taxed. This decision preserves existing tax laws but leaves room for future challenges, particularly around unrealized income taxation and ... https://bostonfagroup.com/#/Supreme-court-defers-fundamental

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