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FinancialNews
19-02-22
Turkey shows support to G20 on global taxation construction
(MENAFN) On Friday, Turkey expressed its encouragement for the G20's efforts on global taxation, calling on affiliates to aid in constructing the capacity of developing nations to act in accordance with with new global tax planning.
According to Turkish Treasury and Finance Minister Nureddin Nebati written statement, global taxation was one of the fields in which the G20 had demonstrated the highest accomplishment.
Based on Nebati’s statement, “We've always believed that reaching consensus on the solution for challenges arising from the digitalization of the economy is crucial.”
He mentioned that although Ankara has worries about the first section of a global two-pillar solution to deal with the tax challenges coming from a rising globalized and digitized economy, it "joined the consensus for the sake of compromise."
MENAFN19022022000045013568ID1103727243
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