U.S. Treasury’s Yellen tells Irish finance minister tax deal is a generational opportunity


Economy30 minutes ago (Sep 22, 2021 07:56PM ET)

(C) Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen answers questions during the Senate Appropriations Subcommittee hearing to examine the FY22 budget request for the Treasury Department on Capitol Hill in Washington, DC, U.S., June 23, 2021. Greg Nash/Pool


WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen urged Irish Finance Minister Paschal Donohoe on Wednesday to take a “once in a generation opportunity” for a global tax deal that stops a race to the bottom on corporate tax rates, the Treasury said in a statement.

Treasury said during their call, Yellen “expressed appreciation for Ireland’s constructive participation” in the OECD tax reform talks and the two ministers agreed to keep in close communication on the issue.

U.S. Treasury’s Yellen tells Irish finance minister tax deal is a generational opportunity

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