China won’t benefit from ‘loopholes’ in global minimum tax plan, US Treasury Secretary Janet Yellen saysUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostThe United States will not agree to any type of special treatment for China or other countries that would weaken a global minimum tax regime, US Treasury Secretary Janet Yellen said on Wednesday.Yellen said the US and other countries were continuing their efforts to convince China to support plans endorsed on Sunday by the Group of 7 (G7) advanced economies.We would not agree to any type of carve-out that would meaningfully weaken a robust global minimum tax regime. Not for China, not for other…Read More

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