News

The ‘revenge tax’ is dead before it even started
The Treasury Department and Congress on Thursday moved to kill a so-called revenge tax that was set to raise taxes on foreign ...
Lawmakers remove ‘revenge’ tax provision from Trump’s big bill after Treasury Department request
Congressional Republicans have agreed to remove the so-called revenge tax provision from President Donald Trump’s big bill.
Treasury Deal Kills ‘Revenge Tax’ That Spooked Wall Street
The Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other ...
Revenge tax gets axed
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Bessent ...
InvestmentNews1d
Is the Treasury about to make the 'revenge tax' irrelevant?
The Treasury Department is nearing a deal that would make the so-called “revenge tax” irrelevant, the agency’s ...
Reprieve for Australian super funds as US dumps 'revenge tax'
Jim Chalmers welcomes the news that Australian investors will likely escape a 15 per cent tax that would have been imposed on ...
G7 Backs Plan for ‘Side-by-Side’ Tax System to Avoid U.S. Fight
American companies will be exempt from penalties related to a 2021 global minimum tax deal that President Trump opposes.
Lutnick: US-China Trade Truce Signed, 'Revenge Tax' Axed, More
Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.