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Taxation Global corporate tax reform is on the way
Under the auspices of the OECD, 138 countries have reached an agreement on a fair allocation of taxing rights and a global minimum effective tax rate of 15%. This is a genuine revolution in international tax law. The global minimum tax rate will now be implemented in national law.
G20 Overview of G20 Finance Track documents
G20 decisions may not be legally binding, but they do have a strong political influence and can provide impetus for reforms on the national and multinational level. Here you can find a selection of communiqués from the G20 meetings of finance ministers and central bank governors since 2008, as well as other relevant G20 working papers (available for download in PDF format).
G20 Christian Lindner on the G20 meeting in India
German Finance Minister Christian Lindner is attending the G20 meeting in India from 23–25 February. During his flight to Bengaluru, he outlined the most pressing topics that will be discussed at the meeting. The global economy continues to face high risks as a result of Russia’s war of aggression against Ukraine. It is important to fight inflation and boost the supply side in a targeted way.
G7 presidency International strategy to provide relief to heavily indebted countries
Heavily indebted countries in financial distress require efficient solutions that are coordinated at the international level. To this end, in 2020 the G20 adopted the Common Framework for Debt Treatments, which aims to put an effective and sustainable debt treatment scheme in place. The Common Framework makes it possible to coordinate and implement customised debt restructuring plans on a …
Financial markets Implementing the Common Framework effectively: Christian Lindner discusses the international debt strategy
Many low-income countries with high debt levels are currently facing very difficult conditions. Finance Minister Christian Lindner explains initiatives that are designed to support these countries’ populations and economies while also safeguarding international financial stability.
G20 Christian Lindner after the meeting of G20 finance ministers
Federal Finance Minister Christian Lindner comments on the global economy, the international financial architecture and support for developing and emerging economies. In Lindner’s words: the global economy is back on a path towards growth. We must now solidify the recovery and facilitate the transition back to normality. To do this, it is crucial to ensure global financial stability.
G20 G20 meeting on international tax reform
The G20 finance ministers and central bank governors came together in Washington, D.C. on 13 October 2021 as part of the annual meeting of the IMF and World Bank Group. At this fourth meeting under Italy’s G20 presidency, discussions focused on implementing the agreed reforms to the international tax system in a timely manner, ensuring a sustainable economic recovery and enhancing international …
G20 G20 Compact with Africa
The German government has committed itself to continuing its support for the G20 Compact with Africa. Germany will work closely with France, international organisations and the African partners to further strengthen the initiative. The Compact with Africa is a key project from Germany’s G20 presidency in 2017. Its aim is to improve conditions for sustainable private sector investment and …
G20 The Group of 20 (G20)
The Group of 20 (G20) comprises the 19 leading advanced and emerging economies plus the European Union. Formed in 1999, the G20 is the main forum for discussing the international regulatory framework.