Lawmakers thwart an international tax on U.S. companies that Janet Yellen and Joe Biden never should have allowed.

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

Business-world amendments to the 'Big Beautiful Bill' could help spur new economic growth. But those changes in recent weeks ...

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

A ‘Revenge Tax’ Victory for Congress Lawmakers thwart an international tax on U.S. companies that Janet Yellen and Joe Biden never should have allowed. By The Editorial Board Share ...

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 ...

US lawmakers took the axe to the controversial Section 899 of the ruling Republican government’s sweeping tax bill. The ...

The Treasury Department and Congress on Thursday moved to kill a so-called revenge tax that was set to raise taxes on foreign investment and had spooked Wall Street and global business leaders.

Warhammer 40,000: Space Marine 2's Siege Mode Is a Reminder Fighting Against Chaos Just Isn't as Fun as Mowing Down the ...

Section 899 was a so-called "revenge tax" that would have raised income taxes on US assets held by people and businesses in other countries. - Michael M. Santiago/Getty Images ...

The US and fellow Group of Seven nations signed off on an agreement aimed at averting a global tax war, by creating a ...