On Monday, 16 June 2025, the Senate Finance Committee released its version (the Senate Proposal) of the Section 899 retaliatory tax provisions that also are included in the “One Big Beautiful Bill Act ...
The version of the One Big Beautiful Bill (OBBB) passed by the House of Representatives includes a new set of “retaliatory” taxes on inbound foreign investment called Section 899. Since its passage, ...
The decision by U.K. fintech firm Wise to move its primary stock listing to the U.S. is the latest in a series of blows to the London market — and a new provision tucked inside a U.S. tax bill could ...
American fund managers are lobbying Congress over a provision tucked inside President Donald Trump's tax bill that they say could lead to foreign investors "quickly" pulling investments out of the U.S ...
On June 16, 2025, the Senate Finance Committee released its proposed version of the “One Big Beautiful Bill Act” (the Senate Bill). The House of Representatives passed its version of the bill on May ...
Experts say the provision, which would raise taxes on the U.S. income of foreign businesses and individuals, is likely to hurt capital markets. A provision in the Republican Party’s expansive tax bill ...