Saturday, July 27, 2024

G20 pledges to work together to tax 'ultra-rich'

G20 nations have agreed to work together to make the super-rich pay their taxes, but stopped short of a more substantial deal, according to a declaration adopted after a meeting of finance ministers in Rio de Janeiro.

The thorny topic of tackling tax-dodging billionaires dominated the two-day meeting in the Brazilian city, which will host a G20 summit in November.

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