Patrick Boyle On Finance

America’s Tax on Foreign Investors - Section 899


Listen Later

As the Senate decides on Donald Trump’s One Big Beautiful Budget, a lesser-known provision tucked into the House-approved bill has drawn attention from Wall Street.The measure, known as Section 899, would allow the U.S. to add a new tax of up to 20% on foreigners with U.S. investments, including multinational companies operating in the U.S.Some analysts call the provision a “revenge tax” due to its wording. It would apply to foreign entities if their home country imposes “unfair foreign taxes” against U.S. companies, according to the bill. Patrick's Books:

Statistics For The Trading Floor: https://amzn.to/3eerLA0

Derivatives For The Trading Floor: https://amzn.to/3cjsyPF

Corporate Finance: https://amzn.to/3fn3rvC Ways To Support The Channel:

Patreon: https://www.patreon.com/PatrickBoyleOnFinance

Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyleVisit our website: https://www.onfinance.orgFollow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.socialBusiness Inquiries ➡️ [email protected]

...more
View all episodesView all episodes
Download on the App Store

Patrick Boyle On FinanceBy Patrick Boyle

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

170 ratings


More shows like Patrick Boyle On Finance

View all
Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,072 Listeners

Masters in Business by Bloomberg

Masters in Business

2,170 Listeners

Odd Lots by Bloomberg

Odd Lots

1,910 Listeners

Trumponomics by Bloomberg

Trumponomics

355 Listeners

Macro Musings with David Beckworth by Mercatus Center at George Mason University

Macro Musings with David Beckworth

384 Listeners

Hidden Forces by Demetri Kofinas

Hidden Forces

1,440 Listeners

Behind the Money by Financial Times

Behind the Money

223 Listeners

Dwarkesh Podcast by Dwarkesh Patel

Dwarkesh Podcast

502 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

445 Listeners

Economics Explained by Economics Explained

Economics Explained

146 Listeners

The Macro Trading Floor by Alfonso Peccatiello & Brent Donnelly

The Macro Trading Floor

222 Listeners

Money Stuff: The Podcast by Bloomberg

Money Stuff: The Podcast

389 Listeners

Unhedged by Financial Times & Pushkin Industries

Unhedged

171 Listeners

The Economics Show by Financial Times

The Economics Show

138 Listeners

Monetary Matters with Jack Farley by Jack Farley

Monetary Matters with Jack Farley

145 Listeners