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G20 International Tax Cooperation
August 9 , 2024
24 days
127
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- The G20 Finance Ministers and Central Bank Governors met in Rio de Janeiro, Brazil.
- It released a stand-alone Tax Declaration on international tax cooperation.
- The Declaration applauds domestic tax reforms by several G20 countries to tackle inequalities and promote fairer and more progressive taxation systems.
- It includes a vow to strengthen domestic reforms through peer support and the sharing of best practices.
- The Declaration calls for the swift implementation of the Crypto-Asset Reporting Framework (CARF) and revisions to the Common Reporting Standard (CRS) by jurisdictions.
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