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

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

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

CNBC's Emily Wilkins reports on the latest commentary from Treasury Secretary Scott Bessent about President Trump’s tax bill.

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Bessent ...

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

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

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

United States Treasury Secretary Scott Bessent has asked for the removal of the 'revenge tax' from the big, beautiful bill.

The Treasury Department reached a deal with G-7 allies to exclude U.S. companies from some taxes imposed by other countries ...

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