Treasury Secretary Janet Yellen says international tax deal excellent for all


U.S. Secretary of the Treasury Janet Yellen greets Mexican Finance Minister Arturo Herrera Gutierrez as they meet on the U.S. Division of the Treasury in Washington, June 17, 2021.

Evelyn Hockstein | Reuters

U.S. Treasury Secretary Janet Yellen mentioned on Saturday {that a} global corporate tax deal was once excellent for all governments and would lend a hand carry tax revenues by means of finishing a race to the ground on international locations competing to chop company tax charges.

At a joint information convention with Germany’s Finance Minister Olaf Scholz she mentioned that was once no longer very important that each nation was once on board, however added that issues from holdout international locations will you have to be addressed in coming months.



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