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Brazil cheers G20 statement on tax cooperation citing taxation of the super-rich
2024-07-26 07:19:19

RIO DE JANEIRO (Reuters) - Brazilian Finance Minister Fernando Haddad said on Thursday that G20 finance leaders were poised to endorse a joint declaration on international tax cooperation addressing issues such as the taxation of super-rich individuals.


"I like to see the declaration not as the end of a journey, but as a starting point," said Haddad in his public remarks opening a discussion of taxation with his counterparts. He also called on the group to "advance towards a coordinated global minimum tax on billionaires" - a proposal Brazil has pushed with its presidency of the Group of 20 major economies this year.

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