Supreme Court Declines to Hear Tech Challenge to IRS Rules

  • 📰 WSJ
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

The U.S. Supreme Court declined to hear a challenge to corporate tax regulations, delivering a victory to the IRS that will cost tech companies billions of dollars

WASHINGTON—.

The court, in a brief written order, said Monday it wouldn’t consider an appeal brought by Altera Corp., now owned by Intel Corp. That leaves intact a lower-court ruling that upheld Internal Revenue Service regulations issued in 2003.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Oh wow ! Gimme a break after all the tax cuts handed them by the GOP over the past 20 yrs. The last tax cut for golf course owners private jet owners pass through corporations LLC's pretty much everything Trump has his pussy grabbing hands in was cut so time to raise taxes on 1%

Good. At this point the tech companies need to learn they are not above the law. Since they are all about control and profit, let someone bigger take them on. Like the IRS.

Good

A tiny flicker of real justice ..... tax geek here.

Move offshore.

rsprasad how is it in India ?

is stacking the supreme court left or right; that does not reflect political demographics........ democracy?

This I personally find as a Victory for Main Street

glad i dumped all my tech stocks, they were hella overvalued anyway.

OUCH

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Supreme Court set to rule on landmark abortion case that could limit women's accessWhen Louisiana native Kim O'Brien decided to have an abortion in 2011 because her pregnancy had severe complications, she was unaware of the difficulties she would face -- including traveling to another state -- to get the care she is legally entitled to through Roe v. Wade. Now, nine years later
Source: YahooNews - 🏆 380. / 59 Read more »

Abortion case could end — or add to — streak of liberal wins at Supreme CourtThe left won Supreme Court cases on LGBT rights and DACA this week despite a conservative majority, but an upcoming abortion case has liberals holding their breath. What braintrust figured this out? Did John Madden write that headline? Eugene_Scott Oh word is it going to go one way or the other? Groundbreaking
Source: CNBC - 🏆 12. / 72 Read more »

What Happened After Nixon Failed to Appoint a Woman to the Supreme CourtHow Richard Nixon tried to soothe his wife after he failed to nominate a woman to the Supreme Court Tourism season is fast approaching. Book your weekend stay now. Border crossing times are low. Bring the family! visitChop Pat pat pat pat pat
Source: politico - 🏆 381. / 59 Read more »

DACA ‘unlawful’ despite Supreme Court ruling, acting Homeland Security chief saysActing Homeland Security Secretary Chad Wolf: The administration will follow the DACA ruling, but it's still looking 'to end an unlawful program' He realizes he’s only got 7 more months of employment, right? I came here for people who don’t know SCOTUS ruled on the executive order & not the legality of DACA. I was not disappointed.
Source: politico - 🏆 381. / 59 Read more »

Family's abortion story sheds light on stakes of Supreme Court rulingAmerica is awaiting the Supreme Court's decision on an abortion case out of Louisiana that could significantly alter abortion access. There are more rights for those seeking abortions than those who want to express their 2nd amendment. BabyLivesMatter Seeking from Amicus Curiae often is a smart choice. But I can not agree it more that Relevant law will be made for drop the rate of woman’s access. In so many countries in the world this action is not in legal and also immoral. It can be a killing case to a innocent baby
Source: ABC - 🏆 471. / 51 Read more »

Explaining the third-party question in the Supreme Court abortion caseLouisiana is also questioning third-party standing in June Medical Services v. Russo, an abortion case with the Supreme Court. Only if it makes abortion legal & available as needed or wanted. Rich people will always have access. IF YOU REQUIRE THE ABORTED FETUS OR DEVELOPING CELLS TO BE DONATED TO STEM CELL RESEARCH THEY CAN BE USED TO MAKE REPLACEMENT ORGANS AND BLOOD CELLS FOR TRANSFUSIONS AND IT WOULDNT BE KILLING IT BECAUSE IT WOULD STILL TECHNICALLY BE ALIVE, JUST MOVED. Hey who r undying who r u do u know the cost if u gave good health b b for 3 mths r u kidding me r u bankrolling all these or pens move on they r making the decision can’t afford r u compassionate or just sick wanna pro cre ate a mess Donald trump can afford bill him student loan
Source: ABC - 🏆 471. / 51 Read more »