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Section 899 Retaliatory Tax Withdrawn
7/1/2025 · by CRE Finance Council · Tax-General · Legislation and Regulation
Treasury Secretary Scott Bessent on June 26 posted on X.com that he has asked Congress to remove the Section 899 retaliatory tax from the One Big Beautiful Bill (OBBB).
Tags: Treasury Secretary · Scott Bessent · One Big Beautiful Bill · Section 899 · CREFC · Real Estate · Senate · House · Congress · President Donald Trump · CRE Finance Markets ·