US Supreme Court Rules Against Couple in Foreign Investment Taxation Case
The US Supreme Court has decided a major case involving how foreign investments are taxed. This case involved a couple from Washington and questioned what should count as taxable income. The court had to decide if money put into a foreign company could be taxed as income. The final vote was 7-2, with Justices Clarence Thomas and Neil Gorsuch disagreeing.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!