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

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

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

CNBC's Emily Wilkins reports on the latest commentary from Treasury Secretary Scott Bessent about President Trump’s tax bill.

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

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

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

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

House GOP members on Thursday announced they would remove a retaliatory tax measure from their sweeping domestic policy ...

The Treasury Department reached a deal with G-7 allies to exclude U.S. companies from some taxes imposed by other countries ...

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

Treasury Secretary Scott Bessent asked congressional leadership to remove a provision from the Republican tax legislation that would give the Treasury Department the ability to implement a so ...