SA, Indonesia and Mexico back G7 global tax reform proposal | Citypress

  • 📰 City_Press
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

SA, Indonesia and Mexico back G7 global tax reform proposal

In a joint article with US treasury secretary Janet Yellen and Germany’s Finance Minister Olaf Scholz, Mboweni, Indonesia’s Sri Mulyani Indrawati and Mexico’s Arturo Herrera Gutierrez endorsed changes proposed by the Group of Seven advanced economies.The five ministers

“This year, nations have a historic opportunity to end the race to the bottom in corporate taxation, restoring government resources at a time when they are most needed,” the five ministers said in the article, published in newspapers including the Washington Post and Frankfurter Allgemeine Zeitung. The current international tax system had eroded national sovereignty and put the working class at a disadvantage, they said.“Together, we can ensure that global capitalism is compatible with fair tax systems and that governments are able to tax multinational corporations,” they added.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Are we represented by this stupid man tito_mboweni in that forum? Then we are not expecting anything

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SA, Indonesia and Mexico back G7 global tax reform proposal | CitypressFinance Minister Tito Mboweni, alongside his Indonesian and Mexican counterparts, on Thursday expressed support for an overhaul of international tax rules to make companies pay their fair share in a more globalised and digitalised business world. Finally agree with SA on something.
Source: City_Press - 🏆 7. / 72 Read more »

Daily Covid-19 update: SA registers 4 209 new cases, 120 deathsThe cumulative number of detected Covid-19 cases in South Africa now exceeds 1 700 000, with 4 209 new cases identified in the past 24 hours. I will always tell you about kevinScott_FX he's one in a million I make money from home despite the world pandemic inbox him to know more about his crypto/trade offers .🙏🏻🙏🏻
Source: TheCitizen_News - 🏆 6. / 75 Read more »

FREE WEBINAR | Identifying sustainable investment opportunities in SA and AfricaSPONSORED | Critical Conversations, brought to you by SanlamInvest is a platform for innovative discussions that address sustainable impact-investing dynamics. Join the free webinar on June 14 at 10am.
Source: BDliveSA - 🏆 12. / 63 Read more »

Government unable to confirm if SA woman gave birth to 10 babiesHealth authorities say they have not been able to confirm that a Gauteng woman has given birth to ten babies. Why Do you expect the GovernmentZA to know about the birth of these babies when they don’t know who is spiking cars on our national roads? Really? Our government is out of touch with reality that's why.
Source: eNCA - 🏆 49. / 51 Read more »

Miss SA hopeful who was abandoned at birth in a box shares her story of hopeA 22-year-old Miss South Africa hopeful who was abandoned in a box outside a factory in Chatsworth shortly after birth is hoping her story can encourage others that life can get better.
Source: IOL - 🏆 46. / 51 Read more »

SA government sabotaging its economy, through incompetence, corruptionWorkers say Eskom's incompetence and lack of political will regarding beneficiation, means SA is exporting its jobs and wealth to China. Servitude to any country or individual should be avoided at all costs.
Source: TheCitizen_News - 🏆 6. / 75 Read more »