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

Australian investors are given a reprieve after US treasury secretary asks the Senate to dump Section 899. Plus, global ...

SINGAPORE: Asia shares hit their highest level in more than three years on Friday as they tracked a Wall Street rally, but the U.S. dollar struggled on concerns about the Federal Reserve's ...

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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 ...

SINGAPORE: Asia shares hit their highest level in more than three years on Friday as they tracked a Wall Street rally, though ...

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

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

US Treasury Secretary Scott Bessent signaled Thursday that a deal is forthcoming among G7 nations allowing US firms to be ...

U.S. Treasury Secretary Scott Bessent announced Thursday that the Biden-era global tax framework will be modified under a new ...

The Trump administration says it won't pursue a contentious tax targeting foreign investors after negotiating a withdrawal ...