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G7 presidency G7 Finance Ministers’ Statement on support to Ukraine
On 22 December 2022, the G7 finance ministers held their last virtual meeting under Germany's presidency and issued a joint statement.
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Taxation External tax relations
An overview of German law on external tax relations, especially transfer pricing.
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Financial markets Sanctions Enforcement Act II: making sure sanctions work
The German government’s draft Sanctions Enforcement Act II reorganises the way Germany enforces sanctions. The new legislation aims to ensure that sanctions are implemented even more effectively. It also introduces additional measures to fight money laundering and sends out a strong signal that Germany intends to combat financial crime consistently and resolutely.
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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).
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G7 presidency G7 Statement on the global economic impact of Russia’s war of aggression against Ukraine and G7 support to Ukraine
G7 finance ministers and central bank governors have issued a joint statement following their meeting on 12 October on the sidelines of the Annual Meetings of the IMF and World Bank in Washington DC.
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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 …
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Taxation Working Party on Tax Revenue Estimates
The Working Party on Tax Revenue Estimates is an advisory council at the Federal Ministry of Finance. It has existed since 1955. In addition to the Federal Ministry of Finance, which has lead responsibility, the council’s membership includes the Federal Ministry of Economics and Technology, five economic research institutes, the Federal Statistical Office, the Bundesbank, the German Council of …
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Ukraine Debt service suspension for Ukraine
At a virtual meeting held on 14 September 2022, Germany joined other official bilateral creditors and the government of Ukraine in concluding a Memorandum of Understanding to provide coordinated debt service suspension for Ukraine. Under the Memorandum, Ukraine’s payment obligations will be suspended until the end of 2023.
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ECOFIN Statement by the members of the ECOFIN Council on financial support to Ukraine
At the informal ECOFIN meeting in Prague, finance ministers issued a joint statement on financial support to Ukraine.
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ECOFIN G5 statement on global minimum effective taxation
At the informal ECOFIN meeting in Prague, the finance ministers of France, Spain, Italy, the Netherlands and Germany issued a joint statement on a global minimum effective level of taxation.