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

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Bessent ...

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

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

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

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

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 ...

Republicans agreed to remove from their tax bill a proposal to raise tax rates on foreign companies and individuals after pushback from Wall Street and other critics.

The threat of punitive taxes on super funds in the US may have eased, but they’re still taking a cautious approach to ...

The threat of punitive taxes on super funds in the US may have eased, but they’re still taking a cautious approach to ...