US Treasury Secretary Janet Yellen underlined her commitment to a global minimum corporate tax rate at the Chicago Council on Global Affairs on Monday 5 April. The announcement was welcomed by the Europeans.
“We are working with the G20 countries to agree to a global minimum corporate tax rate that can stop the race to the bottom”, she said.
The United States’ support in principle for Pillar II of the international tax reform discussed at the Organisation for Economic Co-operation...