The US administration also committed to dropping Section 899 from its tax and spending package. Named the “revenge tax” as a ...

The Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other ...

The United States and G7 nations have reached an agreement to adopt a new side-by-side international tax framework that ...

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.

Biden and Yellen handed foreign countries a license to overtax U.S. businesses. Congress seeks a repeal.

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

Section 899 is a tax proposal allowing President Trump to counteract foreign taxes deemed unfair. Its inclusion in a budget ...

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 ...

In this episode of Tax Notes Talk, Jonathan Samford and Kevin Klein of the Global Business Alliance discuss the proposed ...

Section 899, a tax retaliation proposal in Trump's tax-cut bill, may be removed if an international tax agreement is reached.

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