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President Biden Reiterates Support for Global Minimum Tax in UN Address — Orbitax Tax News & Alerts

U.S. President Joe Biden delivered an address before the 77th session of the United Nations General Assembly on 21 September 2022, including a brief statement on the implementation of the Pillar 2 global minimum tax. In this respect, President Biden stated the following:

"With partners in the Americas, Africa, Europe, and the Middle East, and the Indo-Pacific, we're working to build a new economic ecosystem while — where every nation — every nation gets a fair shot and economic growth is resilient, sustainable, and shared.

That's why the United States has championed a global minimum tax. And we will work to see it implemented so major corporations pay their fair share everywhere — everywhere."