The Group of Seven (G7) said Saturday that it will allow American companies to be excluded from a global minimum tax imposed ...

The “honorable compromise” has led the Trump administration to drop its threat to impose a “revenge tax” in a major spending ...

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

Section 899 is a tax proposal allowing President Trump to counteract foreign taxes deemed unfair. Its inclusion in a budget ...

The G7 has approved a “side-by-side” tax arrangement supporting the US, including removal of a controversial Trump-era tax ...

Faced with the threat of a tax war from the US government, which considered imposing steep additional taxes on foreign ...

US Treasury Secretary Scott Bessent has said the Group-of-Seven member states have agreed that a key pillar of a global tax ...

The Group of Seven countries’ agreement to exempt American companies from key elements of global corporate minimum tax rules is a “shameful concession” to the US that OECD countries should reject, the ...

UK businesses to benefit as G7 reach agreement on global minimum tax. The Chancellor and G7 plot path forward on global ...

Governments are unleashing the "revenge tax" against multinational corporations to recover billions lost to tax avoidance.

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