Salem Radio Network News Tuesday, October 19, 2021

Business

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

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 also thanked Sunak for his leadership of the G7 and in talks on a new tax framework under the leadership of the Organization for Economic Cooperation and Development, Treasury said in a readout of the call.

(Reporting by Andrea Shalal and David Lawder; Editing by Alex Richardson)

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