A gate-all-around field effect transistor (GAAFET) and method. The GAAFET includes nanosheets, a gate around center portions of the nanosheets, and inner spacers aligned below end portions. The nanosheet end portions are tapered from the source/drain regions to the gate and the inner spacers are tapered from the gate to the source/drain regions. Each inner spacer includes: a first spacer layer, which has a uniform thickness and extends laterally from the gate to an adjacent source/drain region; a second spacer layer, which fills the space between a planar top surface of the first spacer layer and a tapered end portion of the nanosheet above; and, for all but the lowermost inner spacers, a third spacer layer, which is the same material as the second spacer layer and which fills the space between a planar bottom surface of the first spacer layer and a tapered end portion of the nanosheet below.