Moore Might Mean More! US Supreme Court Review of Moore & Section 965 Transition Tax
Virginia La Torre Jeker, J.D.
US International Tax (NY Bar 1984- current), Forbes Contributor, Forbes, Top 100 Tax Twitter Accounts; Bloomberg Tax Pro to Follow and Bloomberg Tax Author; Quoted NYT, WSJ, Newsweek
Wouldn’t it be something if the US Supreme Court ruled that the imposition of income tax on “pretend” income was unconstitutional??That’s what the Moore case is all about…. And it holds huge potential impact for US taxpayers with foreign investments who pay taxes on income they simply do not see!?Think GILTI, Subpart F, the “Exit Tax” on expatriates, to name a few.?Moore just might mean more for a large group of taxpayers.? Get the scoop at my blog post today and stay tuned to learn what actions can be taken to protect a possible refund claim.
Posted August 24, 2023
All the US tax information you need, every week -
Named by Forbes, Top 100 Must-Follow Tax Twitter Accounts @VLJeker
Named by Bloomberg, Tax Professionals to Follow on LinkedIn
Subscribe to Virginia – US Tax Talk ?to receive my weekly US tax blog posts in your inbox. My blog specializes in foreign and US international tax issues.
You can access my papers on the Social Science Research Network (SSRN) at https://ssrn.com/author=2779920
#repatriation #USSupremecourt #UStax #CFC #subpartF #Section965 #transitiontax #deemedincome #deemedrepatriation #taxation #UStaxation
?
?