Christopher Casolaro

Jun 21, 2024 | jdsupra.com | Christopher Casolaro |Mark D. Taticchi

On June 20, 2024, the U.S. Supreme Court decided Moore v. United States, No. 22-800, holding that the Mandatory Repatriation Tax (MRT) — a provision in a 2017 tax reform law — could constitutionally impose a one-time pass-through tax on certain American shareholders of American-controlled foreign corporations.