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

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

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

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

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

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

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

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

America, which could hardly be described as a tax haven, was never a target of the OECD provision. Congress created its own global minimum-tax regime in the 2017 Tax Cuts and Jobs Act, known as ...

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

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 ...

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