Multinationals spared tax as US treasury drops Section 899

Lloyd’s chairman welcomes removal of tax threat in Big Beautiful Bill

Adrian LadburyJune 30, 2025
Sir Charles Roxburgh, Lloyd's
Sir Charles Roxburgh, Lloyd's

Lloyd’s chairman Sir Charles Roxburgh has welcomed an announcement by the US Treasury that controversial Section 899, which would have imposed higher taxes on international (re)insurers and multinationals operating in the US,...

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Adrian LadburyJune 30, 2025
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