The U.S. Department of the Treasury has published the official communiqué issued after the G7 Finance Ministers and Central Bank Governors Meeting held from 18 to 20 May 2022, which includes a continued commitment to the implementation of the OECD's two-pillar solution for international tax reform. In this regard, the communiqué includes the following:
"We reiterate our strong political commitment to the timely and effective implementation of the Organisation for Economic Co-operation and D…