Republicans Write Yellen About Concerns on Global Tax Talks

Feb. 17, 2022, 1:55 PM UTC

Senate Republicans wrote Treasury Secretary Janet Yellen raising questions and concerns with recent developments in global tax negotiations.

  • GOP senators want to ensure U.S. businesses and workers remain globally competitive in any agreement, and the need for transparency and bipartisan engagement with Congress throughout the process
  • They are concerned that the proposed global minimum tax would apply far more broadly to U.S. companies than previously conveyed by Treasury

To contact the reporter on this story:
Kasia Klimasinska in Washington at kklimasinska@bloomberg.net

To contact the editor responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

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