Recent Supreme Court Decision –"Wisconsin Central Ltd. et al v. United States"
In a recent decision, Wisconsin Central Ltd. et al v. United States, the U. S. Supreme Court ruled by a 5-4 majority, that employee non-qualified stock options are not taxable compensation under the Railroad Retirement Tax Act of 1937. The impact of this ruling on the benefits payable under the Railroad Retirement Act (RRA) is unknown at this time. As more specific information becomes known, it will be made available on this website.