Congress must pass global minimum tax, says Yellen

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A group of 136 countries established a global minimum tax rate for large companies.

The Treasury Secretary, Janet Yellen, said on Sunday he was confident the US Congress would pass legislation to implement the global minimum corporate tax agreed by 136 countries.

Yellen told ABC’s “This Week” program that actions to get the United States to meet the global minimum tax would likely be included in the so-called reconciliation bill that contains the spending initiatives proposed by President Joe Biden.

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palheta smll Congress must pass global minimum tax, says Yellen

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