UK Investors Face $5bn Tax
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British investorsTelegraph
•World
World
British investors face £5bn blow from Trump’s ‘big, beautiful bill’

70% Informative
UK Government alone could have to pay $400m a year as part of 'revenge' tax outlined in Republican tax bill.
The tax, known as Section 899 , would levy a 5pc rate on gains made by UK investors.
It would increase by five percentage points each year up to a maximum rate of 20pc .
The UK will be hit particularly hard if America starts charging a new tax on yields from US Treasuries .
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