Published 07/26/2024 6:01:03 a.m.

G20 agree to work on Brazil’s ‘billionaire tax’ idea, implementation

Summary by Arab News

RIO DE JANEIRO: The world’s 20 biggest economies (G20) agreed on Thursday to work together to ensure the ultra rich are effectively taxed, in a declaration that seeks a balance between national sovereignty and more cooperation on tax avoidance. The declaration, which will be published on Friday, was a priority for Brazil, chairing talks of the G20 this year, whose leader Luiz Inacio Lula, a former factory worker, was pushing to include the “bi…

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Arab News

G20 agree to work on Brazil’s ‘billionaire tax’ idea, implementation

07/25/2024 11:21:59 p.m.·Riyadh, Saudi Arabia

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EURACTIV

G20 agree to work on Brazil's 'billionaire tax' idea, implementation seen difficult

The world's 20 biggest economies (G20) agreed on Thursday (25 July) to work together to ensure the ultra rich are effectively taxed, in a declaration that seeks a balance between national sovereignty and more cooperation on tax avoidance.

07/26/2024 6:01:03 a.m.

Read Full Article

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