FM Nirmala Sitharaman, US Treasury Secretary Yellen discuss global minimum tax

Washington, Jun 30 (Agency) Union Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet L Yellen spoke on the phone and discussed global minimum tax. “Secretary of the Treasury Janet L Yellen spoke with Finance Minister of India Nirmala Sitharaman. Secretary Yellen discussed that the United States and India have a shared interest in implementing a robust global minimum tax,” the Department of Treasury said in a statement on Tuesday.

During the telephonic conversation, the Secretary stressed the importance of partnership with India in the G20 and OECD to seize a once-in-a-generation opportunity to remake the international tax system to help the global economy thrive, the statement added.