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

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

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

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

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

Biden and Yellen handed foreign countries a license to overtax U.S. businesses. Congress seeks a repeal.

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

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

Concerns have arisen over Section 899, a provision contained within the reconciliation package that would allow the Treasury to implement a "revenge tax." ...

Section 899 of President Donald Trump's One Big Beautiful Bill would impose new taxes on certain foreign investors as part of ...