Top officials from the US, Germany and France said they’re confident that a global tax deal endorsed at the Group of 20 meeting in Italy has enough momentum to overcome political obstacles in Washington and within the European Union in time for it to be finalized in October.
“There’s more work to be done, but I’m really hopeful that with the growing consensus we’re on a path to a tax regime that will be fair for all of our citizens,” US Treasury Secretary Janet Yellen told reporters on the sidelines of the meeting in Venice.
The landmark agreement aims to revamp rules

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