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WASHINGTON (Reuters) - U.S. Treasury Deputy Secretary Wally Adeyemo said on Wednesday that he believed the United States can secure an agreement with the "vast majority" of the world's countries to impose minimum corporate taxes.
Adeyemo, in an interview on CNBC television, also said that the Treasury in those negotiations would not support digital services taxes that are discriminatory toward American companies.
"We have supported taxation that makes sure that companies have to pay a level rate throughout the world. That's why we're in favor of a minimum global tax to make sure that companies are no longer able to skirt taxation in the United States and around the world," Adeyemo said.
OTTAWA (Reuters) - Canada will set aside C$12 billion ($9.6 billion) to extend its main pandemic support measures in a budget to be presented on Monday, the Toronto Star reported,...
By Lewis Krauskopf NEW YORK (Reuters) -U.S. technology and growth stocks have taken the market's reins in recent weeks, pausing a rotation into value shares as investors assess...
By Jesse Cohen Investing.com - Dozens of companies from a wide range of industries will report quarterly results in the week ahead as the first quarter earnings season on Wall...
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