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The US administration also committed to dropping Section 899 from its tax and spending package. Named the “revenge tax” as a ...
Biden and Yellen handed foreign countries a license to overtax U.S. businesses. Congress seeks a repeal.
The Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other ...
Section 899, a tax retaliation proposal in Trump's tax-cut bill, may be removed if an international tax agreement is reached.
Section 899 of the proposed Bill would sharply increase U.S. withholding taxes on foreign investors, potentially reaching 50%. Click for more on U.S. Economy.
Barclays CEO C.S. Venkatakrishnan has expressed approval of indications that U.S. Republicans might eliminate the Section 899 ...
A proposed U.S. tax targeting foreign investors could hurt European energy giants that operate in America's booming oil and ...
Investors are reacting to a clause buried in “One Big Beautiful Bill Act” that threatens to curtail inbound foreign ...
Section 899 could be viewed as a much bigger step in that direction. These two policies are especially concerning given support for capital controls among some members of the Trump administration.