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Trump, Revenue Service
Could Donald Trump's 'External Revenue Service' Work? Analysts Respond
President-elect Donald Trump has announced he will create a new "External Revenue Service" to collect income on goods from other countries when he takes power next week. Newsweek has contacted the Trump transition team for comment via email.
Trump says he will create an ‘External Revenue Service’ agency to collect tariff income
The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.
Trump announces creation of External Revenue Service — here’s what new agency will collect
The creation of a separate department will likely need congressional support, though Trump could try to establish the department within a different existing agency.
Trump says he'll create an 'external revenue service' on Day One to help collect tariffs and revenue from other countries
Trump said his new "external revenue service" will go into effect on January 20 to help the US collect more revenue from foreign countries.
Trump announces new ‘External Revenue Service’ to collect tariff funds
The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping import duties.
Trump proposes ‘External Revenue Service’ to tax foreign sources
President-elect Donald Trump has announced his plan to create a federal body charged with taxing and collecting taxes from U.S. trade partners.
Donald Trump promises to create the External Revenue Service. Will it impact your wallet?
President-elect promises to create External Revenue Service to collect tariffs. But will the ERS also impact your spending power?
Trump: Tariffs to be collected by "External Revenue Service"
The president-elect's latest proclamation on Truth Social lacked details but appeared to reinforce his tariff plan
Trump says he'll create ‘External Revenue Service' to collect tariffs, foreign revenue
President-elect Donald Trump has reportedly contemplated declaring a national economic emergency to implement tariffs.
Trump says he will create new agency to collect revenue from foreign sources
(Reuters) -U.S. President-elect Donald Trump said on Tuesday he will create a new government agency called the External Revenue Service "to collect tariffs, duties, and all revenue" from foreign sources as he readies new import tariffs ahead of his inauguration next week.
Trump announces ‘External Revenue Service’ to collect tariffs
The proposal is a contrast to the Internal Revenue Service, the country’s tax collection agency, which has faced harsh scrutiny from Republicans.
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Yellen says Trump's plan for new revenue agency won't save money for taxpayers
U.S. Treasury Secretary Janet Yellen said on Wednesday U.S. President-elect Donald Trump's plan to set up a new government ...
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IL Dept. of Revenue announces start of 2025 income tax season
With tax season approaching quickly, the Illinois Department of Revenue (IDOR) and the Internal Revenue Service (IRS) are ...
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on MSN
House Republican introduces bill to redirect funds employing IRS auditors to instead hire more border agents
N.Y., introduced a bill to reallocate funds from Internal Revenue Service (IRS) enforcement to hiring U.S. Customs and Border ...
businessday
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Kwara revenue agency sensitises stakeholders on FG’s tax reform, compliance
Kwara State Internal Revenue Service (KW-IRS) on Wednesday sensitised stakeholders on tax education, saying the awareness and ...
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Trump
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