G20 may raise taxes on multinational corporations.
The United Kingdom, Germany, and France are leading efforts to curb tax evasion by large international conglomerates; the project also has the support of Russian economic authorities.
From BBC Brazil
Brasilia - Finance ministers from the G20 (group that brings together the world's leading economies) are meeting this Saturday (16) in Moscow to discuss new reforms to international corporate tax rules, which currently allow multinationals to divert profits to jurisdictions with lower tax burdens.
The United Kingdom, Germany, and France are leading efforts to curb tax evasion by large international conglomerates.
Calls for a review of international tax rules should also be highlighted in a report by the Organisation for Economic Co-operation and Development (OECD).
The international debate is repeated locally in some countries. In the United Kingdom, the issue has become a topic of discussion since information surfaced that multinationals such as Google, Amazon, and Starbucks pay minimal tax on their profits in the country.
Edited by: Fernando Fraga