The Treasury Department and Congress on Thursday moved to kill a so-called revenge tax that was set to raise taxes on foreign investment and had spooked Wall Street and global business leaders.

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

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

LONDON (Reuters) -The CEO of Barclays has welcomed indications that U.S. Republicans may scrap the Section 899 retaliatory ...

Section 899 is a tax proposal allowing President Trump to counteract foreign taxes deemed unfair. Its inclusion in a budget ...

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

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Australian superannuation investors have been spared from a potentially costly new tax, after the US confirmed it will ...

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

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

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

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