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G20 Finance Ministers and Central Bank Governors Issue Communiqué Including Commitment to International Taxation Cooperation

28 October 2024

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G20

The G20 Finance Ministers and Central Bank Governors have issued their official Communiqué following their meeting held on 23 to 24 October 2024 in Washington D.C., United States. With respect to international taxation cooperation, the Communiqué states the following: International Taxation Cooperation 30. Progressive taxation is one of the key tools to reduce domestic inequalities, strengthen fiscal sustainability, facilitate budget consolidation, promote [strong, sustainable, balanced and inclusive growth (SSBIG)], and facilitate the achievement of the [Sustainable Development Goals (SDGs)]. International tax cooperation is fundamental to encourage best practices, improve domestic tax administration capabilities, support national tax reforms, strengthen tax transparency,...