Storyboard

Supreme Court upholds tax on foreign business income

The US Supreme Court upheld a 2017 tax on American-owned businesses’ foreign profits, rejecting an appeal that could have saved companies hundreds of billions of dollars.

Avatar - Bloomberg Law
Curated by
Bloomberg Law
    • U.S. Supreme Court
    • Tax Law
    • Money
    • Wealth
    • Law
Supreme Court upholds tax on foreign business income
Continue to read
5 stories in this Storyboard
    Tax Code Chaos Averted in Top Court Ruling, but Concerns Linger

    Tax Code Chaos Averted in Top Court Ruling, but Concerns Linger

    The US Supreme Court ruling on a key foreign-income tax case allays the most dire fears that it could upset other parts of the tax code, but questions remain about what it may signal for a potential future wealth tax and other provisions.

    Previous coverage

    Listen

Related articles

More stories from U.S. Supreme Court