FILE PHOTO: U.S. Treasury Secretary Janet Yellen, the previous Federal Reserve chair, holds a information convention after a two-day Federal Open Market Committee (FOMC) assembly in Washington, U.S. December 13, 2017. REUTERS/Jonathan Ernst/File PhotographReuters
MEXICO CITY (Reuters) – Mexican Finance Minister Arturo Herrera on Tuesday mentioned with U.S. Treasury Secretary Janet Yellen the necessity for a world settlement on taxing the digital economic system, Mexico’s finance ministry mentioned.
Practically 140 nations are presently negotiating the primary replace in a technology to the foundations for taxing cross-border commerce, to account for the emergence of massive digital corporations like Google, Apple and Fb.
Ministers throughout the Organisation for Financial Cooperation and Growth (OECD) final week expressed optimism that the brand new U.S. administration of President Joe Biden was extra open to such a deal.
(Reporting by Frank Jack Daniel)
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