Business Standard

Yellen, Sitharaman discuss shared interest in 'robust' minimum tax

US Treasury Secretary Janet Yellen on Tuesday discussed a shared interest between the United States and India to implement a "robust" global minimum tax, the Treasury said

Janet Yellen

Reuters WASHINGTON

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Tuesday discussed a shared interest between the United States and India to implement a "robust" global minimum tax, the Treasury said after Yellen's call with Indian Finance Minister Nirmala Sitharaman.

"The Secretary stressed the importance of partnership with India in the G20 and OECD to seize a once-in-a-generation opportunity to remake the international tax system to help the global economy thrive," the Treasury said in a statement.

 

(Reporting by David Lawder; editing by Jonathan Oatis)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 30 2021 | 2:19 AM IST

Explore News