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Yellen stressed importance of withdrawing digital services taxes in call with UK By Reuters

by Mike Robinson

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© Reuters. FILE PHOTO: U.S. Treasury Secret Janet Yellen addresses questions during the Senate Appropriations Subcommittee Hearing to review the FY22 Budget Request for the Treasury Department at Capitol Hill in Washington DC, U.S.A, June 23, 2021. Greg Nash/Pool

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen spoke with British finance minister Rishi Sunak on Wednesday about ongoing global tax reform efforts, and underscored the need for a compromise on withdrawal of digital services taxes, the Treasury said.

Yellen thanked Sunak for leading the G7 and for participating in discussions on a tax structure under the OEC&D’s leadership, Treasury stated in a reading of the conference call.

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