Team Blitz India
NEW DELHI: Union Finance Minister Nirmala Sitharaman spoke to US Treasury Secretary Janet Yellen over the telephone onMay 8.
“Union Finance Minister Smt. @nsitharaman had a Telecon with US Treasury Secretary Ms. Janet Yellen @SecYellen, today. The two leaders held cordial discussions on #InternationalTaxation,”| read a post on the official X handle of the Finance Ministry.
During the meeting, the two leaders discussed key G20 priorities and bilateral cooperation between the two countries in addressing pressing global economic and financial issues.
It is understood that the telephonic conversation essentially veered around international taxation, which is a complex field that deals with how countries tax income, profits, and assets that cross their borders.