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News

Bessent, tax and Beautiful Bill

Associated Press News on MSN · 1d
Lawmakers remove ‘revenge’ tax provision from Trump’s big bill after Treasury Department request
Congressional Republicans have agreed to remove the so-called revenge tax provision from President Donald Trump’s big bill.
Axios on MSN · 1d
Bessent: Biden-era "revenge tax" removed from "Big, Beautiful Bill"
Treasury Secretary Scott Bessent has asked Congress to remove a controversial "revenge tax" provision of the "big, beautiful bill" after striking a deal on global corporate taxes, he said said Thursday.
New York Post on MSN · 1d
Treasury Secretary Scott Bessent asks Congress to strip ‘revenge tax’ from Big Beautiful Bill
The provision would grant Trump the authority to tax foreign holdings of US investments as a way to retaliate against countries imposing new taxes on US companies operating overseas.
1don MSN
Treasury Deal Kills ‘Revenge Tax’ That Spooked Wall Street
The Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other ...
1d
Albanese, Chalmers applaud moves to dump US ‘revenge’ tax
The plan would enable Donald Trump to retaliate against Australia and other nations for digital service taxes on US ...

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