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Treasury Deal Kills Trump's 'Revenge Tax'

Bloomberg on MSN · 1d

Treasury Deal Kills ‘Revenge Tax’ That Spooked Wall Street

The Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other countries in exchange for removing the Section 899 “revenge tax” proposal from President Donald Trump’s tax bill.

CBC.ca on MSN · 1d

Treasury secretary calls to scrap Trump's 'revenge tax' that could hit Canada, U.S.

A controversial tax being proposed by President Donald Trump's administration that could cost Canadians and Canadian businesses billions is up in the air after U.S. Treasury Secretary Scott Bessent said a deal has been reached to scrap it.

New York Post on MSN · 1d

Treasury Secretary Scott Bessent asks Congress to strip ‘revenge tax’ from Big Beautiful Bill

The provision would grant Trump the authority to tax foreign holdings of US investments as a way to retaliate against countries imposing new taxes on US companies operating overseas.

23hon MSN

Bessent Says Proposed ‘Revenge Tax’ No Longer Needed

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

1d

US Treasury close to deal to make ‘revenge tax’ irrelevant

Republicans are weighing whether to pull the controversial tax provision as it nears a deal with European nations and other ...

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