The United States Supreme Court has voted to uphold a tax on foreign investment that was introduced during President Donald Trump’s administration.
However, the high court left larger questions about taxing unrealized income unanswered.
In a 7-2 ruling, the court affirmed the one-time mandatory repatriation tax that was included in the 2017 Trump tax cuts.
A couple, Charles and Kathleen Moore, challenged the tax after they received a $15,000 bill on their investment in an Indian company. […]
– Read More: slaynews.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
