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 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.

The G7 said the plan recognizes existing U.S. minimum tax laws and aims to bring more stability to the international tax ...

The US and fellow Group of Seven nations signed off on an agreement aimed at averting a global tax war, by creating a ...

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

House GOP members on Thursday announced they would remove a retaliatory tax measure from their sweeping domestic policy ...