Davis Polk partner Michael Mollerus discussed the Section 899 provision of the One Big Beautiful Bill Act and its potential impact on foreign investors and companies with Bloomberg. Section 899 would ...

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

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

Group of Seven nations agreed to exempt U.S. companies from a 15% minimum corporate tax rate, the countries said in a joint ...

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

The group has created a "side-by-side" system in response to the US administration agreeing to scrap the Section 899 retaliatory tax proposal from President Donald Trump's tax and spending bill, it ...

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

One major sticking point for Republican fiscal hawks is the megabill’s proposed $5 trillion debt ceiling increase.

A proposed new U.S. tax rule may raise withholding taxes on dividends for some foreign investors. Read more here.

The CEO of Barclays has welcomed indications that U.S. Republicans may scrap the Section 899 retaliatory tax proposal from ...

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