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

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The U.S. Supreme Court upheld the Mandatory Repatriation Tax (MRT) as constitutional but avoided addressing whether unrealized income can be taxed under the Constitution. This decision supports Congress's taxing powers but leaves open questions about taxing unrealized income, fueling potential future challenges. Businesses must stay vigilant as tax laws evolve. Boston Financial Adviso... https://bostonfagroup.com/#/Supreme-court-defers-fundamental

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