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05/25/2021 | Press release | Distributed by Public on 05/25/2021 09:10 Crapo Raises Questions on Treasury OECD Strategy May 25,2021 Sends letter to Yellen on Treasury s approach to international tax negotiations Washington, D.C. U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, sent a letter to U.S. Department of Treasury Secretary Janet Yellen outlining priorities and raising questions regarding Treasury s approach to international tax negotiations with the Organisation for Economic Co-operation and Development (OECD). From the letter: The United States should not be willing to accept an agreement that continues to target American companies and lets our biggest competitors off the hook. Nor should the United States act to raise the GILTI rate - the sole international minimum tax in place - before our OECD competitors take action to implement their own global minimum taxes. These issues must be resolved in order for Congress to understand wheth

United statesJanet yellenMike crapor idahoPascal saint amansDigital services taxes dstsOrganisation for economicMembers of congressEuropean commissionCentre for taxOrganisation for economic cooperationRanking member of the senate finance committeeTreasury departmentUs department of treasuryRaises questionsMike crapoRanking member