Why the U.S. tax bill's Section 899 could push European firms to list in the U.S

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Why the U.S. tax bill's Section 899 could push European firms to list in the U.S

cnbc.com/2025/06/09/why-the-us-tax-bills-section-899-could-push-european-firms-to-list-in-the-us.html

The decision by U.K. fintech firm Wise to move its primary stock listing to the U.S. is the latest in a series of blows to the London market — and a new provision tucked inside a U.S. tax bill could make things even worse. Section 899 of President Donald Trump's spending bill, which…

This story appeared on cnbc.com, 2025-06-09 11:02:13.756000.