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

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

Barclays CEO C.S. Venkatakrishnan has expressed approval of indications that U.S. Republicans might eliminate the Section 899 ...

The Section 899 amendment of the “big, beautiful bill” specifically targeted digital services taxes and OECD-backed tax reforms for multinationals adopted by Australia.

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

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.

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 ...

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.

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