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Kiplinger
Kiplinger
Business
Kelley R. Taylor

Supreme Court Strikes Down Chevron: What It Means for the IRS

U.S. Supreme Court building.

In a 114-page decision issued June 28, the United States Supreme Court overruled the Chevron doctrine, fundamentally altering the landscape of administrative law.

The 6-3 ruling came in Loper Bright Enterprises v. Raimondo and a related case, Relentless Inc. v. Department of Commerce. As Kiplinger reported, Loper Bright involved a National Marine Fisheries Service regulation requiring commercial fisheries to pay about $700 daily for an industry monitoring program. However, the effects of today's ruling extend far beyond the fishing industry.

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