Donald Trump and Senate Republican leaders worked Saturday to persuade reluctant holdouts to back the president’s ...

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

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

Treasury Secretary Scott Bessent asked House and Senate Republicans on Thursday to scrap the “revenge tax” on foreign ...

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

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

A retaliatory tax that would have exposed U.S. jobs and retirement savings to risk is likely to be scrapped from Trump’s ...

The Australian dollar has risen to its highest level of the year, while the Trump administration is scrapping its so-called ...

The Trump administration is backing a provision in the Republican reconciliation bill that would allow the Treasury Department to implement a so-called “revenge tax” on certain foreign ...

The Treasury Department announced a deal that removes the Section 899 "revenge tax" proposal from President Donald Trump's tax bill in exchange for G-7 allies excluding US companies from some taxes ...

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 sweeping tax bill.