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

Treasury Secretary Scott Bessent said the Group of 7 had agreed that penalties related to a 2021 “global minimum tax” deal ...

The Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other ...

The Treasury Department and Congress on Thursday moved to kill a so-called revenge tax that was set to raise taxes on foreign ...

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

A controversial tax being proposed by President Donald Trump's administration that could cost Canadians and Canadian ...

Congressional Republicans have removed the controversial Section 899 "revenge tax" provision from President Trump's major ...

The president said he would cease negotiations and impose new tariffs because of Canada’s imminent, new digital services ...

CNBC's Emily Wilkins reports on the latest commentary from Treasury Secretary Scott Bessent about President Trump’s tax bill.

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

Some experts are warning that a proposed tax in Trump’s budget bill could negatively impact foreign investment in the U.S.

Section 899 — would allow the federal government to impose taxes on companies with foreign owners as well as investors from ...