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 ...

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

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

Treasury Secretary Scott Bessent said his request for Section 899 to be removed resulted from “a joint understanding among G7 countries.” ...

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.

U.S. Treasury Secretary Scott Bessent on Wednesday extended the department's authority to continue extraordinary cash ...

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 ...