Turkish Treasury and Finance Minister Nureddin Nebati speaking at the G-20 Finance Ministers and Central Bank Governors Meeting on Friday, called on G-20 members must continue to provide capabilities-building support develop countries in taxation and development.
the minister attended the online meeting held in Jakarta in Indonesia year.
“We support the full agenda in the international tax area. We welcome the intention of the Indonesian presidency to hold inclusive discussions for earnings of all countries“said Nebati.
He referred the global tax reform as one of the most important achievements of the G-20 group.
“With this successthe landmark G-20 has once again proved its credibility and its force. To fill son mandate as a pioneering platform, the G-20 must continue to move forward in a responsible and fair”, the minister noted.
In October last yearthe ministers of finance of G-20 countries Agreed on history global tax reform which consists in recasting way multinationals are taxed for doing sure they pay their fair share wherever they operate.
“Underlining that they have always believed that it is very important to reach a consensus on the international tax issue in solve the challenges resulting from digitization of the economy“, Nebati further pointed out that they believe the support given by the G-20 to the Inclusive Framework is very important for good execution of the results of the tax return.
If G-20 members continue to provide capabilities-building support and support technique Development countries”these countries will be able to adapt to new international tax architecture in in a timely manner,” he said.
Nebati went on say that, as members of the G-20, “we must act in synergy for move towards carbon-neutral economies, taking into account the principle of ‘common but differentiated responsibilities and relative capabilities’ as well as national terms.”