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

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 ...

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

The US Treasury department has called on Congress to scrap a provision in Donald Trump’s flagship budget bill that would ...

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

Senate Republicans said on Thursday that they would forge ahead with a plan to slash federal food assistance to the poor, ...

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

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Bessent ...

The Treasury Department is nearing a deal that would make the so-called “revenge tax” irrelevant, the agency’s ...

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