The U.S. and fellow Group of Seven nations signed off on an agreement aimed at averting a global tax war, by creating a “side-by-side” system that would exempt U.S. companies from some elements of an ...

In a landmark development, the Group of Seven (G7) nations have agreed to exempt US-headquartered multinational corporations from key provisions of the global minimum tax agreement under a new ...

The G7 agenda has changed a lot since 2024 -- largely due to Trump - Copyright POOL/AFP Ludovic MARIN The G7 agenda has changed a lot since 2024 -- largely due to ...

(Reuters) -U.S. Treasury Secretary Scott Bessent said on Thursday that he has asked Republicans in Congress to scrap the Section 899 retaliatory tax proposal from their tax and spending bill after ...

The Group of Seven (G7) nations have agreed to support a new tax proposal that exempts American and UK firms from some aspects of the existing global tax agreement. This development was disclosed in a ...

It came after U.S. Treasury Secretary Scott Bessent asked the Senate to remove Section 899, which had come to be known as the “revenge tax,” from the White House’s signature budget bill. The Senate ...

G7 addresses non-market policies undermining economic security Communique hints at China's economic practices G7 considers more sanctions on Russia over Ukraine conflict EU's Dombrovskis: G7 discussed ...