The Tanzanian government will next week host the national tax dialogue to get views from businessmen on the planned tax policy, an official said on Wednesday. Elijah Mwandumbya, commissioner for fiscal policy in the Ministry of Finance and Planning, said the dialogue, dubbed the Annual National Tax Dialogue 2023, will…
Janet Yellen, US Secretary of the Treasury
Yellen was voted-in unanimously by the US Senate Finance Committee to replace Steven Mnuchin, who suspended OECD-led talks with other countries on the two-pillar digital tax approach in June 2020. Corporate confidence is high on Yellen restarting negotiations after she stressed that efficient taxation of multinational companies was a priority.
“Working in the context of the OECD negotiations on global taxation, we have much greater leverage to keep our American firms competitive if we avoid a race to the bottom in corporate taxation more globally,” said Yellen at the US Senate on January 19, showing her support for pillar two regarding a global minimum tax.