Canada’s tax, set to take effect on Monday, will hit companies like Amazon, Google, Meta, Uber and Airbnb with a 3pc levy on ...

The Treasury Department and Congress on Thursday moved to kill a so-called revenge tax that was set to raise taxes on foreign investment and had spooked Wall Street and global business leaders.

Canada is proceeding with its digital services tax on technology companies such as Meta Platforms Inc. despite a Group of ...

Barclays CEO C.S. Venkatakrishnan has expressed approval of indications that U.S. Republicans might eliminate the Section 899 ...

The CEO of Barclays has welcomed indications that U.S. Republicans may scrap the Section 899 retaliatory tax proposal from ...

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

The Treasury Department announced a deal that removes the Section 899 "revenge tax" proposal from President Donald Trump's tax bill in exchange for G-7 allies excluding US companies from some taxes ...

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

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Adding to the Fed cut bets has been a raft of weaker-than-expected U.S. economic data, with attention now shifting to ...

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

Treasury Secretary Scott Bessent said his request for Section 899 to be removed resulted from “a joint understanding among G7 countries.” ...