Plus, a man who opened fire outside a Michigan church was killed when two church employees returned fire, police said.

A portion of the ‘one, big, beautiful bill’ could lead to a new tax on foreigners’ U.S. investments in private equity and ...

Tucked away in the budget bill is a 3.5% tax on money people send to friends and relatives abroad. But people can avoid the tax by handing over personal information to the federal government.

Reuters.com is your online source for the latest news stories and current events, ensuring our readers up to date with any ...

President Donald Trump likes to say he's bringing in trillions of dollars in investments from foreign countries, but a provision in his tax cuts bill could cause ...

The Republican tax and spending bill taking shape on Capitol Hill contains all sorts of new tax breaks — but if the bill becomes law, the challenge for everyday Americans may be understanding ...

Analysis-Wall Street, Main Street Push for Foreign Tax Rethink ... U.S. Treasury International Capital Reporting System. This raises concerns about the ripple impact of the bill.

The bill would extend the 2017 Trump tax cuts, cut spending and reduce some other levies but also leave some 10.9 million more people without health insurance and spike deficits by $2.4 trillion ...

It would apply to foreign entities if their home country imposes "unfair foreign taxes" against U.S. companies, according to the bill. Get top local Connecticut stories delivered to you every ...

Australian super funds, businesses and even the federal government could face higher costs, with the US on the brink of ...

Speaking to reporters at the White House on Thursday, Trump responded by saying he was "very disappointed" with Musk's reaction to the tax bill, his first direct response to the Tesla CEO's ...

Elon Musk is displaying a lot of chutzpah as he attacks President Donald Trump’s “one big, beautiful bill” for being a ... characterization of Trump’s tax legislation is apt.