Yellen and Mexican finance minister discuss digital taxation
MEXICO CITY (Reuters) – Mexican Finance Minister Arturo Herrera on Tuesday discussed with U.S. Treasury Secretary Janet Yellen the need for an international agreement on taxing the digital economy, Mexico’s finance ministry said.
© Reuters/Jonathan Ernst
FILE PHOTO: Yellen holds a news conference in Washington
© Reuters/CHRISTOPHER ALUKA BERRY
FILE PHOTO: Former Federal Reserve Chairman Janet Yellen speaks during a panel discussion in Atlanta
Nearly 140 countries are currently negotiating the first update in a generation to the rules for taxing cross-border commerce, to account for the emergence of big digital companies like Google, Apple and Facebook.
© Reuters/GUSTAVO GRAF MALDONADO
Mexico’s Finance Minister Arturo Herrera attends an interview with Reuters, in Mexico City
Ministers within the Organisation for Economic Cooperation and Development (OECD) last week expressed optimism that the new U.S. administration of President Joe Biden was more open to such a deal.
(Reporting by Frank Jack Daniel)
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