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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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Coronavirus Comprehensive pandemic assistance programmes
Companies and self-employed individuals are still affected by the coronavirus pandemic despite the economy starting to recover and restrictions being eased. In order to provide support where it is still needed, the Temporary Aid Programme IV, one of Germany’s central assistance programmes, is being extended to the end of June 2022. The Fresh Start Assistance programme, which is targeted …
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taxation Global corporate tax reform is on the way
Under the auspices of the OECD, 137 countries (as of 28 December 2021) have reached an agreement on a fair allocation of taxing rights and a global minimum effective tax at a uniform tax rate of 15%. This is a genuine revolution in international tax law. The basic approach was approved by the finance ministers of the 20 leading advanced and emerging economies – the G20 – at their meeting in …
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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 …
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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 …
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G20 Frequently asked questions: G20
Answers to frequently asked questions about the G20
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Coronavirus Comprehensive assistance during the coronavirus pandemic
Many companies, self-employed people and freelancers have been affected by closures and major revenue losses due to the coronavirus pandemic. Comprehensive assistance is available to support them.
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Coronavirus Emerging from the crisis with full strength
VAT in Germany will be reduced for a temporary period starting on 1 July 2020. The German Bundestag and Bundesrat have passed the Coronavirus Tax Assistance Act, which implements key parts of Germany’s unprecedented stimulus package. On top of the reduced VAT rate, measures include a bonus for families with children as well as extensive tax relief for single parents, businesses and other …
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Coronavirus German government adopts more extensive Quick Loan Programme
In light of the challenges posed by the coronavirus crisis, the German government is launching an additional extensive programme to its protective shield for small and medium-sized businesses. Based on the modified Temporary Framework for state aid measures published on 3 April 2020 by the European Commission, the German government is now introducing a comprehensive Quick Loan Programme ( …
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Coronavirus Coronavirus: immediate federal economic assistance now available
Implementation of the federal scheme now ready in the German Länder