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US Treasury Secretary Yellen calls for minimum global corporate tax

US Treasury Secretary Yellen calls for minimum global corporate tax We’re sorry, this service is currently unavailable. Please try again later. Dismiss By Christopher Rugaber Save Normal text size Advertisement US Treasury Secretary Janet Yellen on Monday urged the adoption of a minimum global corporate income tax, an effort to offset any disadvantages that might arise from the Biden administration’s proposed increase in the US corporate tax rate. Citing a “thirty-year race to the bottom” in which countries have slashed corporate tax rates in an effort to attract multinational businesses, Yellen said the Biden administration would work with other advanced economies in the Group of 20 to set a minimum.

Yellen calls for minimum global corporate income tax in speech to Chicago group

Yellen calls for minimum global corporate income tax in speech to Chicago group
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