U.S. Treasury says G7 expected to endorse U.S. global minimum tax proposal

Reuters2021-06-03

WASHINGTON, June 2 (Reuters) - G7 finance ministers are expected to endorse a U.S. proposal for an ambitious global corporate minimum tax when they meet on Friday and Saturday in London, a U.S. Treasury official said on Wednesday.

The official said in an emailed statement the Treasury expects the G7 meetings to provide momentum for advancing global corporate tax negotiations towards a broader G20 finance meeting in July in Italy.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
3