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.

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 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.” ...

U.S. Treasury Secretary Scott Bessent announced Thursday that the Biden-era global tax framework will be modified under a new ...

The Senate parliamentarian has advised that a Medicaid provider tax overhaul central to President Donald Trump’s tax cut and ...