The fiscal debates set to dominate European politics

Court upholds Trump-era corporate tax on foreign earnings

<p><img width="150" height="150" src="https://www.scotusblog.com/wp-content/uploads/2024/06/supremecourt1-1-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Court upholds Trump-era corporate tax on foreign earnings" title="Court upholds Trump-era corporate tax on foreign earnings" style="float:right;" decoding="async" srcset="https://www.scotusblog.com/wp-content/uploads/2024/06/supremecourt1-1-150x150.jpg 150w, https://www.scotusblog.com/wp-content/uploads/2024/06/supremecourt1-1-570x570.jpg 570w, https://www.scotusblog.com/wp-content/uploads/2024/06/supremecourt1-1-500x500.jpg 500w, https://www.scotusblog.com/wp-content/uploads/2024/06/supremecourt1-1-1000x1000.jpg 1000w" sizes="(max-width: 150px) 100vw, 150px" />The Supreme Court on Thursday upheld a provision of a 2017 corporate tax reform law, known as the mandatory repatriation tax, that taxes the undistributed profits from U.S. shares of foreign corporations in which Americans own a majority. An American couple had challenged the constitutionality...</p> <p>The post <a href="https://www.scotusblog.com/2024/06/court-upholds-trump-era-corporate-tax-on-foreign-earnings/">Court upholds Trump-era corporate tax on foreign earnings</a> appeared first on <a href="https://www.scotusblog.com">SCOTUSblog</a>.</p>