<p>The Court upheld the constitutionality of the Mandatory Repatriation Tax (MRT), which taxes American shareholders on the undistributed income of foreign corporations they own shares in. The Court ruled that Congress has the authority to attribute an entity's realized income to its shareholders and tax them on it, even if the shareholders have not personally realized that income.</p>

The Court upheld the constitutionality of the Mandatory Repatriation Tax (MRT), which taxes American shareholders on the undistributed income of foreign corporations they own shares in. The Court ruled that Congress has the authority to attribute an entity's realized income to its shareholders and tax them on it, even if the shareholders have not personally realized that income.

Moore et ux. v. United States, Docket No. 22-800

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Moore et ux. v. United States, Docket No. 22-800

Moore et ux. v. United States, Docket No. 22-800