Supreme Court seems inclined to leave major off-shore tax in place on investors
Briefly

The justices' apprehension is likely justified because their eventual decision in the case could severely limit congressional options in enacting tax policy, and it could cost the federal government trillions of dollars in corporate taxes.
"What the federal government can tax...why do we permit taxing of individual partners even though a partner doesn't"
Read at www.npr.org
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