U.S. Treasury Deputy Secretary Wally Adeyemo said on April 25, 2021, that he is seeking solid & prominent backing from G7 peers for Biden Administration’s proposed 15%- plus global minimum corporate tax, which should help thicken the support in the US Congress for domestic corporate tax legislation.
Mr. Adeyemo said after his backing statements about the Treasury’s proposal from France, Germany, Italy, and Japan, “My perception is that you are going to witness a lot of combined support amongst the G7 moving forward.”