China proposed G20 to create new international tax system
Date: 09:07, 25-07-2016.
Almaty. July 25. Silkroadnews - The third meeting of Finance Ministers and heads of the central banks of "Group-20" has opened in Chengdu, south west of China, reports the Xinhua news agency.
According to Lou Jiwei, Minister of Finance of China, "Group 20" must play the leading role in improvement of mechanisms of taxation management on the world level and support for formation of the new taxation system. He said G20 is supposed to extend and deepen coordination and international cooperation in taxation field. In his words, it is necessary to form a new international taxation system which will differ with fairness, equality, inclusiveness and order.
