Reuters exclusively reports Deputy U.S. Treasury chief anticipating G7 support for 15%-plus global minimum tax

Reuters exclusively reported that U.S. Deputy Treasury Secretary Wally Adeyemo anticipates strong support from the G7 industrial democracies for the Biden Administration’s proposed 15%-plus global minimum corporate tax, which in turn should help solidify support in the U.S. Congress for domestic corporate tax legislation. “My sense is that you’re going to see a lot of unified support amongst the G7 moving forward,” Adeyemo told Reuters after supportive comments about the Treasury’s proposal from France, Germany, Italy and Japan.