Congressional Research Service Issues Legal Sidebar White Paper on Whether Sixteenth Amendment Requires "Realization" to Tax Income
June 28, 2024
June 28, 2024
WASHINGTON, June 28 -- The Congressional Research Service issued the following Legal Sidebar white paper (No. LSB11185) on June 27, 2024, by legislative attorney Justin C. Chung:
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Supreme Court Declines to Decide Whether Sixteenth Amendment Requires "Realization" to Tax Income
On June 20, 2024, the Supreme Court decided Moore v. United States, an appeal challenging a one-time "Mandatory Repatriation Tax" (MRT) on U.S. shareholders o . . .
* * *
Supreme Court Declines to Decide Whether Sixteenth Amendment Requires "Realization" to Tax Income
On June 20, 2024, the Supreme Court decided Moore v. United States, an appeal challenging a one-time "Mandatory Repatriation Tax" (MRT) on U.S. shareholders o . . .