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

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

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

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

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

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

Treasury Secretary Scott Bessent asked congressional leadership to remove a provision from the Republican tax legislation ...

House GOP members on Thursday announced they would remove a retaliatory tax measure from their sweeping domestic policy ...

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

The provision, officially known as Section 899 and informally known as the “revenge tax,” was drafted by House Republicans ...

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