The Treasury Department and Congress on Thursday moved to kill a so-called revenge tax that was set to raise taxes on foreign ...

Congressional Republicans have agreed to remove the so-called revenge tax provision from President Donald Trump’s big bill.

Treasury Secretary Scott Bessent said the Group of 7 had agreed that penalties related to a 2021 “global minimum tax” deal ...

The Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other ...

A deal has been reached with G-7 nations on international corporate minimum-tax rates.

The US Treasury department has called on Congress to scrap a provision in Donald Trump’s flagship budget bill that would ...

Concerns have arisen over Section 899, a provision contained within the reconciliation package that would allow the Treasury ...

The provision would grant Trump the authority to tax foreign holdings of US investments as a way to retaliate against ...

Treasury Secretary Scott Bessent asked House and Senate Republicans on Thursday to scrap the “revenge tax” on foreign ...

Australian investors will be spared from Donald Trump's so-called 'revenge tax' after an intervention from his Treasury ...

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Section 899 — would allow the federal government to impose taxes on companies with foreign owners as well as investors from ...