This course was recorded live at the 2023 New Money Summit.
Dive into the implications of the Moore v. United States case, a legal challenge questioning the constitutionality of the deemed repatriation provision (Sec. 965) introduced by the Tax Cuts and Jobs Act and discover how this legal showdown could reshape the future of tax law.
Learning Objectives
Upon completion of this course, participants will be able to:
Recognize the potential impact to the tax law if the Supreme Court should rule for the taxpayer.
Understand the genesis of the modern income tax and why debate exists over whether income requires "realization."
Identify how the decision could impact future proposals to adopt a wealth tax.
Major Topics
Moore V. United States
Supreme Court Ruling
Modern Income Tax
Realization
Wealth Tax
