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

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

Treasury Secretary Scott Bessent has formally asked Congress to delete a controversial provision buried in President Donald ...

The plan would enable Donald Trump to retaliate against Australia and other nations for digital service taxes on US ...

U.S. Treasury Secretary Scott Bessent on Thursday asked Republicans in Congress to remove a "retaliatory tax" proposal that ...

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

A deal has been reached with G-7 nations on international corporate minimum-tax rates.

New York Republican Nick LaLota called Treasury Secretary Scott Bessent’s latest offer on the state and local tax deduction ...

The proposal would have enabled the US president to retaliate against countries for special digital service taxes on US tech ...

US Treasury Secretary Scott Bessent has called on Republican lawmakers to scrap section 899 – known as the “revenge tax” - ...

Bessent said that under the G7 agreement, the 15% global corporate minimum tax will not apply to U.S. companies under "Pillar ...