The Treasury Department and Congress on Thursday moved to kill a so-called revenge tax that was set to raise taxes on foreign investment and had spooked Wall Street and global business leaders.

American companies will be exempt from penalties related to a 2021 global minimum tax deal that President Trump opposes.

Treasury Secretary Scott Bessent said the Group of 7 had agreed that penalties related to a 2021 “global minimum tax” deal ...

PRESIDENT Donald Trump on Monday declared that a global corporate minimum tax deal “has no force or effect” in the US, effectively pulling America out of the landmark 2021 arrangement negotiated by ...

The most business-friendly states haven’t changed much in recent years. The best states offer low corporate tax rates. Qualify of life and cost of living also play a role.

These states join nine others that cut income taxes for individuals beginning Jan. 1, according to data from the Tax Foundation.. Nebraska, North Carolina and Pennsylvania saw reductions in their ...

Illinois was named one of the most expensive states in the U.S. to start a business, according to data examined by a Utah-based software company. The research team at Zibtek ranked Illinois the ...

Illinois was named one of the most expensive states in the U.S. to start a business, according to data examined by a Utah-based software company. The research team at Zibtek ranked Illinois the ...