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

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**Supreme Court Upholds Tax on Foreign Business Income, Leaves Questions Unanswered** In a landmark decision, the U.S. Supreme Court upheld the Mandatory Repatriation Tax (MRT), introduced under the Tax Cuts and Jobs Act of 2017, ruling it constitutional. However, the Court avoided addressing whether taxable income must be "realized," leaving the door open for future challenges. ... https://bostonfagroup.com/#/Supreme-court-defers-fundamental

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