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Supreme Court Will Hear Railroad Retirement Tax Act Issue
Squire Patton Boggs 
Jan. 22, 2018 "[The] narrow, technical question that the Supreme Court will address ... is whether stock received upon the exercise of stock options that railroads award to their employees as part of their compensation package is taxable compensation under the RRTA.... The circuits ... are split on whether income from stock options is covered by the term money remuneration, making it taxable under the RRTA." [Wisconsin Central Ltd. v. U.S., No. 17-530 (7th Cir May 8, 2017; cert. pet. granted Jan. 12, 2018) |
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