Connect with us

Popular World News

U.S. Treasury deputy chief sees majority of countries joining minimum tax deal By Reuters

Japan's NTT invests big in London amid Brexit uncertainty By Euronews

ECONOMIC NEWS

U.S. Treasury deputy chief sees majority of countries joining minimum tax deal By Reuters

© Reuters. FILE PHOTO: Adewale Adeyemo confirmation hearing to be Deputy Secretary of the Treasury

WASHINGTON (Reuters) – U.S. Treasury Deputy Secretary Wally Adeyemo said on Wednesday that he believed the United States can secure an agreement with the “vast majority” of the world’s countries to impose minimum corporate taxes. Adeyemo, in an interview on CNBC television, also said that the Treasury in those negotiations would not support digital services taxes that are discriminatory toward American companies.
“We have supported taxation that makes sure that companies have to pay a level rate throughout the world. That’s why we’re in favor of a minimum global tax to make sure that companies are no longer able to skirt taxation in the United States and around the world,” Adeyemo said.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Source link

Continue Reading
You may also like...
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

More in ECONOMIC NEWS

To Top
error: Content is protected !!
Top