The US Supreme Court has held that the mandatory repatriation tax under Section 965 is unconstitutional. The Court found that the tax violated the constitutional prohibition on direct taxes without apportionment among the states. This decision could have significant implications for multinational corporations and their tax planning strategies.
The U.S. Supreme Court today affirmed a 2022 decision of the U.S. Court of Appeals for the Ninth Circuit upholding the constitutionality of the mandatory repatriation tax under section 965.
The case is: Moore v. United States, No. 22-800 (S. Ct. June 20, 2024). Read the Court’s opinion
Justice Kavanagh delivered the opinion of the Court, which was joined by Justices Roberts, Sotomayor, Kagan, and Jackson. Justice Jackson also filed a concurring opinion, and Justice Barrett filed an opinion concurring in the judgment, in which Justice Alito joined. Justice Thomas filed a dissenting opinion, in which Justice Gorsuch joined.
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