U.S. Treasury Secretary Janet Yellen (Janet Yellen) will attend the Group of Seven (G7) Finance Ministers’ Meeting in London next week to discuss (and try to approve) a “at least” 15% global minimum tax rate for large companies. proposal.
The US government said that Janet Yellen’s London trip will take place from June 4 to 5. This is her first overseas trip since taking office in February.
The Treasury Department said in a statement that Yellen “will strengthen the United States’ commitment to political priorities aimed at promoting global recovery after the covid-19 pandemic, including financial support measures and the availability and distribution of vaccines.”
Last week, the U.S. Treasury Department formally set the proposed agreement as the lowest global corporate tax rate of at least 15%, but said that this amount is the basis for continuing negotiations on the idea of higher tax rates.
According to this statement, Yellen will discuss the importance of improving public health with the other ministers of the Group of Seven (Canada, France, Germany, Italy, Japan and the United Kingdom, as well as the United States) to prevent future pandemics and the need to establish a “greener” , A more resilient economy” to meet the challenges of climate change.