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News

Bessent, tax bill

Washington Examiner on MSN · 1d
Bessent asks Congress to remove ‘revenge tax’ provision from Republican tax bill
Treasury Secretary Scott Bessent asked congressional leadership to remove a provision from the Republican tax legislation that would give the Treasury Department the ability to implement a so-called “revenge tax” on certain foreign investors.
The New York Times · 1d
Trump Administration Tells Congress to Kill ‘Revenge Tax’
Treasury Secretary Scott Bessent said the Group of 7 had agreed that penalties related to a 2021 “global minimum tax” deal would not apply to American companies.
The Wall Street Journal on MSN · 1d
Bessent Says Proposed ‘Revenge Tax’ No Longer Needed
A deal has been reached with G-7 nations on international corporate minimum-tax rates.
22hon MSN
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 ...
1don MSN
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 ...
1d
Albanese, Chalmers applaud moves to dump US ‘revenge’ tax
The prime minister and the treasurer have been lobbying Treasury Secretary Scott Bessent to drop the tax, which threatened ...

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