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

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

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

Treasury Secretary Scott Bessent asked congressional leadership to remove a provision from the Republican tax legislation ...

The agreement among the Group of Seven largest economies means the “revenge tax” being contemplated in Republicans’ ...

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 ...

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 ...

The proposed tax on foreign investment from countries like Canada, the United Kingdom and Japan left U.S. investment firms ...

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

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.