ANL 34.25 Increased By ▲ 0.61 (1.81%)
ASC 13.35 Decreased By ▼ -0.05 (-0.37%)
ASL 22.60 Increased By ▲ 0.10 (0.44%)
AVN 83.70 Decreased By ▼ -0.74 (-0.88%)
BOP 7.70 Increased By ▲ 0.05 (0.65%)
BYCO 9.37 Decreased By ▼ -0.01 (-0.11%)
DGKC 110.20 Increased By ▲ 0.52 (0.47%)
EPCL 50.89 Increased By ▲ 0.64 (1.27%)
FCCL 22.76 Decreased By ▼ -0.02 (-0.09%)
FFBL 25.70 Increased By ▲ 0.09 (0.35%)
FFL 15.30 No Change ▼ 0.00 (0%)
HASCOL 9.00 Decreased By ▼ -0.04 (-0.44%)
HUBC 79.00 Increased By ▲ 4.80 (6.47%)
HUMNL 5.84 Decreased By ▼ -0.04 (-0.68%)
JSCL 18.70 Increased By ▲ 0.50 (2.75%)
KAPCO 39.39 Increased By ▲ 1.38 (3.63%)
KEL 3.68 Increased By ▲ 0.09 (2.51%)
LOTCHEM 14.35 Increased By ▲ 0.25 (1.77%)
MLCF 42.30 Increased By ▲ 0.05 (0.12%)
PAEL 31.07 Increased By ▲ 0.07 (0.23%)
PIBTL 9.45 Increased By ▲ 0.13 (1.39%)
POWER 8.44 Increased By ▲ 0.22 (2.68%)
PPL 83.30 Increased By ▲ 1.80 (2.21%)
PRL 22.77 Increased By ▲ 0.23 (1.02%)
PTC 9.20 Increased By ▲ 0.16 (1.77%)
SILK 1.40 Increased By ▲ 0.03 (2.19%)
SNGP 38.59 Increased By ▲ 0.49 (1.29%)
TRG 163.22 Decreased By ▼ -5.12 (-3.04%)
UNITY 34.93 Increased By ▲ 0.47 (1.36%)
WTL 1.45 Decreased By ▼ -0.04 (-2.68%)
BR100 4,799 Increased By ▲ 39.91 (0.84%)
BR30 24,693 Increased By ▲ 286.81 (1.18%)
KSE100 44,944 Increased By ▲ 380.02 (0.85%)
KSE30 18,383 Increased By ▲ 122.64 (0.67%)

Coronavirus
VERY HIGH
Pakistan Deaths
18,429
11924hr
Pakistan Cases
841,636
411324hr
Sindh
287,643
Punjab
310,616
Balochistan
22,776
Islamabad
76,696
KPK
121,099
Markets

US Treasury deputy chief sees majority of countries joining minimum tax deal

  • We have supported taxation that makes sure that companies have to pay a level rate throughout the world.
08 Apr 2021

WASHINGTON: US Treasury Deputy Secretary Wally Adeyemo said on Wednesday that he believed the United States can secure an agreement with the "vast majority" of the world's countries to impose minimum corporate taxes.

Adeyemo, in an interview on CNBC television, also said that the Treasury in those negotiations would not support digital services taxes that are discriminatory toward American companies.

"We have supported taxation that makes sure that companies have to pay a level rate throughout the world. That's why we're in favor of a minimum global tax to make sure that companies are no longer able to skirt taxation in the United States and around the world," Adeyemo said.