Unrealized Gains Tax Survives U.S. Supreme Court

The Supreme Court’s ruling in the Moore tax case reaffirms how income is taxed in the United States.

Supreme Court building
(Image credit: Getty Images)

In a long-awaited ruling, the United States Supreme Court affirmed the constitutionality of a mandatory repatriation tax introduced by the Tax Cuts and Jobs Act (TCJA). 

In upholding the tax, Justice Brett Kavanaugh wrote for the majority.

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Kelley R. Taylor
Senior Tax Editor, Kiplinger.com

As the senior tax editor at Kiplinger.com, Kelley R. Taylor simplifies federal and state tax information, news, and developments to help empower readers. Kelley has over two decades of experience advising on and covering education, law, finance, and tax as a corporate attorney and business journalist.