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 ...

When Donald Trump unveiled his “One Big Beautiful Bill” last month, all the focus was on how the president’s trillions of tax ...

The controversial "revenge tax" provision of the "big, beautiful bill" will be removed after a global tax deal was struck, ...

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

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

The Senate version makes permanent the mortgage interest and mortgage insurance premium reductions, removes the revenge tax ...

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

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

A key section of the US president’s One Big Beautiful Bill Act has been dropped but the fate of a global deal that took ...

Donald Trump’s top economic adviser on Wednesday said the administration is pushing US trading partners to move swiftly on ...