Japan’s Aso: Yellen Remarks Are Step Toward Digital Tax Deal

U.S. Treasury Secretary Janet Yellen’s remarks about harmonizing tax rates for corporations among major economies are a step toward a deal that could come by mid-2021 to make taxes on online businesses more uniform, Japanese Finance Minister Taro Aso says.

• Discussion are at a late stage, but it will still take some time to finalize an agreement on digital taxation, Aso told reporters in Tokyo
• NOTE: Yellen Declares End to Trump’s Global Retreat, Eyes Tax Deal

To contact the reporters on this story:
Toru Fujioka in Tokyo at tfujioka1@bloomberg.net;
Emi Urabe in Tokyo at eurabe@bloomberg.net

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