11.06.2025 U.S. House Bill's proposed Section 899 could change taxation of foreign investments
By Opalesque:

A recent memorandum by global law firm Seward & Kissel analyses Section 899 of the proposed "One Big Beautiful Bill Act," which passed the House by one vote on May 22, 2025, and is now under Senate consideration. The provision represents a significant retaliatory tax measure targeting foreign investment from countries the U.S. views as imposing unfair taxes on American businesses.

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