Can Congress Really Change Tax Laws Retroactively?

19/08/2021 45 min
Can Congress Really Change Tax Laws Retroactively?

Listen "Can Congress Really Change Tax Laws Retroactively?"

Episode Synopsis

the U.S. Supreme Court has reaffirmed that both income and transfer tax changes may be implemented retroactively, “Provided that the retroactive application of a statute is supported by a legitimate legislative purpose furthered by rational means…”