Deputy US Treasury chief sees G7 support for 15%-plus global minimum tax


"My sense is that you're going to see a lot of unified support amongst the G7 moving forward," Adeyemo told Reuters on after supportive comments about the Treasury's proposal from France, Germany, Italy and Japan.

WASHINGTON: U.S. Deputy Treasury Secretary Wally Adeyemo said he anticipates strong support from the G7 industrial democracies for the Biden Administration's proposed 15%-plus global minimum corporate tax, which in turn should help solidify support in the U.S. Congress for domestic corporate tax legislation.

"My sense is that you're going to see a lot of unified support amongst the G7 moving forward," Adeyemo told Reuters on Monday after supportive comments about the Treasury's proposal from France, Germany, Italy and Japan.

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