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

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

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Treasury Secretary Scott Bessent has formally asked Congress to delete a controversial provision buried in President Donald ...

The plan would enable Donald Trump to retaliate against Australia and other nations for digital service taxes on US ...

Treasury Secretary Scott Bessent asked House and Senate Republicans on Thursday to scrap the “revenge tax” on foreign investments from their versions of President Trump’s ...

U.S. Treasury Secretary Scott Bessent on Wednesday extended the department's authority to continue extraordinary cash ...

U.S. President Donald Trump says the U.S. has signed an agreement with China on trade and expects to soon have a deal with ...

US Treasury Secretary Scott Bessent has said the Group-of-Seven member states have agreed that a key pillar of a global tax ...

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

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

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