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

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

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

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

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

Republicans are weighing whether to pull the controversial tax provision as it nears a deal with European nations and other ...

When Donald Trump unveiled his “One Big Beautiful Bill” last month, all the focus was on how the president’s trillions of tax ...

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

The threat of punitive taxes on super funds in the US may have eased, but they’re still taking a cautious approach to ...

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

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