WASHINGTON, D.C. — The US Treasury Department unveiled new proposals on Thursday to implement a rule requiring some of America's largest corporations to pay a minimum corporate tax rate of 15 ...

WASHINGTON (Reuters) - The U.S. Treasury on Thursday announced new proposed rules for a new corporate alternative minimum tax that is expected to generate $250 billion in U.S. revenues over 10 ...

President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., effectively pulling America out of the landmark 2021 arrangement negotiated ...

Treasury Secretary Scott Bessent asked Republicans in Congress on Thursday to remove the so-called “revenge tax” from President Trump’s “big, beautiful” bill.

The U.S. Treasury Department on Thursday said it has proposed raising the effective minimum rate that U.S. corporations pay on overseas income to 21% from about 10.5% as it aims to bring the ...

WASHINGTON — The Treasury Department on Tuesday set broad rules for a new tax on stock repurchases that had been created under a law signed by President Biden earlier this year, largely ...

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent said that the Republican tax and spending bill under consideration will prevent hundreds of billions of dollars of corporate tax ...

WASHINGTON, D.C. — The US Treasury Department unveiled new proposals on Thursday to implement a rule requiring some of America's largest corporations to pay a minimum corporate tax rate of 15 percent.