The US administration also committed to dropping Section 899 from its tax and spending package. Named the “revenge tax” as a ...

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.

Biden and Yellen handed foreign countries a license to overtax U.S. businesses. Congress seeks a repeal.

Treasury Secretary Scott Bessent asked House and Senate Republicans on Thursday to scrap the “revenge tax” on foreign ...

Section 899, a tax retaliation proposal in Trump's tax-cut bill, may be removed if an international tax agreement is reached.

Concerns have arisen over Section 899, a provision contained within the reconciliation package that would allow the Treasury ...

Learn more about Section 899 of The Big, Beautiful Bill and why investors are concerned that it could likely hurt capital markets.

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

AMP economist My Bui has claimed she is “quite concerned” about the impact of section 899 of US President Donald Trump’s Big ...