Trump once again hinted at the idea of eliminating the federal income tax and making up for lost revenues with tariffs.

Trump’s executive memo did not nix the IRS or income taxes; it directed Cabinet officials to consider the feasibility of establishing an External Revenue Service to collect tariffs. Congressional ...

US President Donald Trump called for a return to a tariff-based economic system to boost revenue and enrich citizens as he ...

Donald Trump has threatened to double tax rates for foreign nationals and companies in the United States to hit back at ...

U.S. taxpayers with foreign income face a complex interplay of tax obligations, including the potential to offset foreign ...

FPI, or Foreign Portfolio Investment, in the context of income tax, refers to the tax treatment and implications of income ...

The US president has ordered officials to draw up retaliatory measures against “extraterritorial” levies, setting the stage ...