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

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

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

A retaliatory tax that would have exposed U.S. jobs and retirement savings to risk is likely to be scrapped from Trump’s ...

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

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

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

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.

Australia’s Super sector has breathed a sigh of relief after the Trump administration walked back a proposed “revenge” tax for foreign investors, which would have wiped billions of dollars.

Prime Minister Mark Carney says he did not speak Friday with Donald Trump before the U.S. president announced a sudden end to ...

European stocks rose Friday as the United States and China moved closer to a trade deal and as hopes of a further delay to ...