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

Treasury Secretary Scott Bessent said the Group of 7 had agreed that penalties related to a 2021 “global minimum tax” deal ...

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

The Treasury has asked Congress to scrap a provision in Donald Trump’s flagship budget bill that allows the US government to ...

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

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

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Treasury Secretary Scott Bessent asked House and Senate Republicans on Thursday to scrap the “revenge tax” on foreign investments from their versions of President Trump’s ...

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

The Treasury Department is nearing a deal that would make the so-called “revenge tax” irrelevant, the agency’s ...

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