Reading Between The Lines Of Justices' Moore Ruling

By Caroline Ngo and Le Chen ( July 15, 2024, 5:54 PM EDT) -- On June 20, the U.S. Supreme Court, ruled in favor of the government in Moore v. U.S., and, in a 7-2 decision, ruled that the one-time Section 965 transition tax did not violate the U.S. Constitution. The decision was highly anticipated because, had the court ruled in favor of the taxpayer instead, it potentially could have had far-reaching and major implications in many areas of tax....

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