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President Trump said he was ending all trade discussions with Canada in retaliation for its digital services tax, and threatened to impose a fresh tariff rate.
By Akayla Gardner, Mathieu Dion and Melissa ShinJune 27 -
A deal with G-7 allies will exclude U.S. companies from some taxes imposed by other countries in exchange for removing Section 899 from Trump's tax bill.
By Daniel Flatley and Lauren VellaJune 26 -
The development could bring great relief to Wall Street investors worried about punitive tax measures on foreigners.
By Daniel FlatleyJune 26 -
Silicon Valley leaders are throwing their weight behind the tech industry's drive to use Trump's tax bill to sweep away state regulations on artificial intelligence.
By Emily Birnbaum and Oma SeddiqJune 25 -
Senate Republicans are aiming to wipe away budget red ink from the GOP's signature tax-and-spending bill with an unprecedented parliamentary maneuver.
By Jarrell DillardJune 24 -
The parliamentarian ruled the proposal is outside of the scope of the fast-track budget process for implementing a $4.2 trillion tax cut.
By Ari NatterJune 24 -
New estimates from the Congressional Budget Office incorporate the broader impact the legislation would have on the economy and federal budget.
By Jarrell DillardJune 18 -
President Trump expressed optimism that lawmakers could reach a compromise on the state and local tax deduction, a sticking point in his "One Big Beautiful Bill."
By Emily Birnbaum and Skylar WoodhouseJune 18 -
The provision would allow energy companies subject to a 15% corporate alternative minimum tax to deduct certain drilling costs when calculating taxable income.
By Ari NatterJune 17 -
Businesses and rich universities scored wins in the Senate version of Trump's tax bill, while low-income Americans and clean energy providers were hit hard.
By Alicia DiazJune 17