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Moore v. United States, 602 U.S. 572 (2024), was a United States Supreme Court case related to the ability of the federal government to tax unrealized gains as income. The Supreme Court upheld the Mandatory Repatriation Tax (MRT).
The Justice Department had said that a ruling by the Supreme Court invalidating the mandatory repatriation tax could cost the U.S. government $340 billion over the next decade - and potentially ...
On Dec. 5, the Supreme Court heard oral arguments in Moore v. United States, a case that centers on the mandatory repatriation tax (MRT) included in 2017’s Tax Cuts and Jobs Act. The thought of ...
The Supreme Court in a 7-2 decision Thursday upheld a provision in then-President Trump’s sweeping 2017 tax bill while sidestepping a far-reaching question about Congress’s broader taxing ...
The Supreme Court of the United States has heard numerous cases in the area of tax law. This is an incomplete list of those cases. Article One
The new expatriation tax law, effective for calendar year 2009, defines "covered expatriates" as expatriates who have a net worth of $2 million, or a 5-year average income tax liability exceeding $139,000, to be adjusted for inflation, or who have not filed an IRS Form 8854 [20] certifying they have complied with all federal tax obligations for ...
The Supreme Court explored ways to narrowly resolve a major tax case during oral arguments Tuesday, with justices raising concerns about sweeping consequences if they fully adopt either side’s ...
Mitchell, 30 F.2d 600, 600 (2d Cir. 1929) the U.S. Supreme Court limited the application of the rule in the interstate context. In Milwaukee County v. M. E. White Co., 296 U.S. 268, 268 (1935) the Supreme Court was asked to consider whether revenue laws of other states should be enforced under the Full Faith and Credit Clause. The Supreme Court ...