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Proposed Section 899 would increase the net income and withholding tax rates on U.S.-source income for non-U.S. persons who are classified as “applicable persons.” Applicable persons include ...
Section 899 of the ‘one big beautiful’ bill would have spelled disaster for many international investors into the US, but ...
Section 899, if enacted, would eliminate the $500,000,000 gross receipts threshold for foreign corporations majority owned by applicable persons, expand the circumstances under which the BEAT ...
While Australian investors breathed a resounding sigh of relief when US President Donald Trump binned section 899 of the One Big Beautiful Bill Act (OBBBA), local multinationals, however, were lumped ...
American fund managers are lobbying Congress over a provision tucked inside President Donald Trump's tax bill that they say could lead to foreign investors "quickly" pulling investments out of the ...
Section 899 would be a central topic of their talks. The fear of higher taxes has made the almost 200 foreign-owned companies in the US nervous. These companies include Shell, Toyota, SAP, and LVMH.
The Investment Company Institute says President Donald Trump’s tax bill impacts most foreign investments in U.S. stocks, according to documents seen by CNBC.