The U.S. Supreme Court justices seemed reluctant to overturn an element of the U.S. tax code in a case that could have sweeping implications for how the government can tax wealth.
In Moore v. United States, plaintiffs Charles and Kathleen Moore are challenging the constitutionality of the mandatory repatriation tax, a one-time levy on certain unrealized foreign assets that was included as part of the 2017 Trump tax cuts.
After…
Source: finance.yahoo.com