MDBs, crypto, global tax, and more: G20 achieves 10 outcomes from finance track
Finance Minister Nirmala Sitharaman underlined that India was very clear about having an inclusive approach and that no country should be left behind.
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Finance Minister Nirmala Sitharaman underlined that India was very clear about having an inclusive approach and that no country should be left behind.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
The G-20 leaders have agreed on the swift implementation of a reporting framework for crypto assets to prevent tax evasion. The framework, known as the Crypto Asset Reporting Framework (CARF), aims to ensure that non-financial assets like cryptocurrencies are not used to conceal unaccounted wealth. The G20 leaders also reaffirmed their commitment to a globally fair and modern tax system.
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