The record
Written from the 1 report below. Nothing here is unsourced.
- BRICS nations are working to establish common positions on international taxation to represent the interests of the global South.
- The bloc aims to influence ongoing multilateral negotiations, particularly regarding the UN Framework Convention on International Tax Cooperation.
- India has shared digital tax administration tools and practices with fellow member countries to enhance cooperation.
- These efforts seek to ensure the fairness and durability of global tax systems.
What to watch next
- Finalization of the UN Framework Convention on International Tax Cooperation text by 2027.
- Outcomes from the newly established working groups on international taxation and revenue statistics.
- Implementation progress of the BRICS tax collaboration tools shared by India.
Who said what2
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Nirmala Sitharaman
finance minister
2 quotes · 1 outlet
“BRICS economies as source jurisdictions, as large developing economies, as countries that have built significant domestic tax capacity from a low base, have a perspective on those negotiations and that is essential to their fairness and their durability”
In the article
…on International Tax Cooperation. Speaking at the BRICS tax heads meeting in New Delhi on Wednesday, the finance minister said the grouping’s decisions will play a significant role in multilateral tax negotiations. “ BRICS economies as source jurisdictions, as large developing economies, as countries that have built significant domestic tax capacity from a low base, have a perspective on those negotiations and that is essential to their fairness and their durability ,” she said. BRICS has 11 members -- Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, Saudi Arabia, South Africa and the UAE -- and 10 partners -- Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Nigeria,…
“What we decide upon today is not the purpose of India’s chairship. It is meant to build on what has been achieved so far and what can be the foundation that the next chair inherits”
In the article
…collaboration tool. She informed that the Tuesday meeting will look at the scoping documents for two new working groups – one on the international taxation and transfer pricing, and the other on revenue statistics. “ What we decide upon today is not the purpose of India’s chairship. It is meant to build on what has been achieved so far and what can be the foundation that the next chair inherits ,” she said. “I’m proud of what this cooperation has built. I’m grateful to each of your governments for the seriousness,” she added. - ABOUT THE AUTHORRajeev JayaswalRajeev Jayaswal is a senior journalist, author and…
Coverage1
All filed from India
Named India · BRICS · Nirmala Sitharaman · United Nations
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