Categories: U.S. Treasury

READOUT: Secretary of the Treasury Janet L. Yellen’s Call with Estonia Finance Minister Keit Pentus-Rosimannus

WASHINGTON – Earlier today, U.S. Secretary of the Treasury Janet L. Yellen spoke with Estonia Finance Minister Keit Pentus-Rosimannus to discuss the importance of reaching a deal to reshape the global tax system. Secretary Yellen conveyed how achieving consensus on a global minimum tax is a top priority, and that it would stop the race to the bottom on corporate taxes and restore equity for the middle class and working-class people both in the U.S. and around the world. In advance of the OECD Inclusive Framework meeting later this week and leading up to the G20 Leader’s Meeting at the end of October, Secretary Yellen also conveyed that efforts to improve the global tax regime would also ensure that profitable corporations pay their fair share and provide governments with the resources to invest in their people and economies.

###

IR Press

Share
Published by
IR Press

Recent Posts

Treasury Targets Organization with Ties to Violent Actors in the West Bank

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is…

23 hours ago

Treasury Issues Final Regulations to Sharpen and Enhance CFIUS Procedures and Enforcement Authorities to Protect National Security

WASHINGTON – Today, the U.S. Department of the Treasury (Treasury), as Chair of the Committee…

23 hours ago

Remarks by Secretary of the Treasury Janet L. Yellen at the Financial Literacy and Education Commission Meeting

As Prepared for DeliveryGood afternoon. Let me start by thanking you for your continued work…

5 days ago

Treasury Targets Syrian Conglomerate Funding Qods Force and Houthis

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned…

5 days ago

OCC Announces Two New Deputy Comptrollers for Large Bank Supervision

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced the promotions of Robert…

5 days ago

Remarks by Assistant Secretary for Economic Policy (P.D.O.) Eric Van Nostrand on U.S. Business Investment in the Post-COVID Expansion

As Prepared for DeliveryI am honored to join you at PIIE, an institution that has…

6 days ago