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U.S. Treasury Secretary Yellen Issues Statement on Agreement for Global Tax Reform

11 October 2021

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Proposed Changes

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United States

U.S. Treasury Secretary Janet Yellen has issued a statement on the agreement reached in the OECD Inclusive Framework for global tax reform. --- Statement by Secretary of the Treasury Janet L. Yellen on the OECD Inclusive Framework Announcement October 8, 2021 Today's agreement represents a once-in-a-generation accomplishment for economic diplomacy. We've turned tireless negotiations into decades of increased prosperity – for both America and the world. As of this morning, virtually the entire global economy has decided to end the race to the bottom on corporate taxation. In its place, more than 130 nations – including all 20 in the...