The Wall Street Journal

One US supreme court case could mess up chunks of the tax code

One US supreme court case could mess up chunks of the tax code
(Image: Getty)
The Wall Street Journal
By Richard Rubin and Jess Bravin A case that could punch holes in the US federal tax code heads to the supreme court on Tuesday.The court will hear arguments in Moore v US, which challenges a piece of the 2017 tax law that imposed a one-time levy on profits that companies had accumulated outside the US. But its implications could reach much further, providing the justices an opportunity to define what Congress can tax under the Constitution – and what it can’t.'Realised'The case, brought by a Washington state coupl...

More World

Megaprojects in the desert sap Saudi Arabia’s cash
World

Megaprojects in the desert sap Saudi Arabia’s cash

To fill the gaps, the kingdom will borrow and sell more of its giant oil company.

These teenagers know more about investing than you do
World

These teenagers know more about investing than you do

Custodial investment accounts for minors have surged in popularity.

For Elon Musk lately, it’s all about Russia, Russia, Russia
World

For Elon Musk lately, it’s all about Russia, Russia, Russia

Billionaire maintains his companies are doing the most to undermine the Kremlin.

Classic Rolex? Yawn. Meet the new class of status watches
The Life

Classic Rolex? Yawn. Meet the new class of status watches

Offbeat alternative timepieces can make you walk taller. Here's our guide to the best.