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.

The creation of a separate department will likely need congressional support, though Trump could try to establish the department within a different existing agency.

IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep. Billy Long to replace him.

Daniel Werfel, the commissioner of the Internal Revenue Service, told the agency’s employees that he would end his term early and step down on Monday as President-elect Donald J. Trump takes office.

The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.

Trump said his new "external revenue service" will go into effect on January 20 to help the US collect more revenue from foreign countries.

The parallel with the Internal Revenue Service is seen as a signal of the president-elect’s determination to enact sweeping import duties.

Danny Werfel’s term has not yet expired, but the president-elect has already said he wants to appoint a new IRS chief.

President-elect promises to create External Revenue Service to collect tariffs. But will the ERS also impact your spending power?

IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day.

President-elect Donald Trump has announced his plan to create a federal body charged with taxing and collecting taxes from U.S. trade partners.

President-elect Donald Trump announced on Tuesday plans to ... we have relied on taxing our Great People using the Internal Revenue Service (IRS)," Trump wrote on TRUTH Social. "