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Brazil cheers G20 statement on tax cooperation citing taxation of the super-rich

G20 Finance Ministers and Central Bank Governors meet ahead of G20 Summit
July 25, 2024
Reuters - Reuters

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.

(Reporting by Marcela Ayres; Editing by Brad Haynes)

Brazil cheers G20 statement on tax cooperation citing taxation of the super-rich
Brazil's President Lula attends task force meeting with Global Alliance Against Hunger and Poverty in Rio de Janeiro

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