Daily Tax Report ®

U.S. Aims to Protect Revenue in OECD Tax Talks, Adeyemo Says

Feb. 23, 2021, 5:54 PM

The U.S. is committed to engaging in multilateral tax talks at the OECD and G20, Adewale Adeyemo, nominee to be deputy Treasury secretary, told members of the Senate Tuesday

  • “Our goal will be that we protect American tax revenues and ensure that American companies can compete on a level playing field,” Adeyemo said. He was asked about his approach to international talks on a global tax overhaul.
  • The Organization for Economic Cooperation and Development is trying to find agreement among nearly 140 countries on an overhaul of the global tax system to address concerns about how tech giants are taxed....

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