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GOP Senators Not Consulted on Global Tax Deal Talks, Crapo Says

April 1, 2022, 4:09 PM

The Treasury Department has failed to engage meaningfully with Senate Finance Committee Republicans on the OECD global minimum tax tax agreement, the panel’s ranking member has said.

Sen. Mike Crapo (R-Idaho) said in a letter Thursday to Treasury Secretary Janet Yellen that briefings provided by Treasury staff about negotiations had come after they occurred. The March 31 letter was signed by all 14 Republicans on the committee, and comes after letters sent on Dec. 22 and Feb. 16.

“After-the-fact briefings with committee and leadership staff do not constitute meaningful consultation,” Crapo wrote. Treasury had not provided a through analysis and ...