BPC was present at a meeting of Brazilian and international civil society with members of the G20 Finance Track

The BRICS Policy Center was present in Brasilia on May 22 and 23 for a meeting of Brazilian and international civil society with members of the G20 Finance Track. The aim of the event was to discuss proposals on tax cooperation.

We were represented by Professors Ana Garcia (coordinator of G20 Task Force 3 on Reforming the International Financial Architecture) and Maureen Santos (coordinator of the Socio-Environmental Platform).

Among the main proposals discussed at the event were the taxation of large fortunes and the super-rich, support for the creation of the United Nations Commission on International Tax Cooperation, increased transparency and access to information on countries’ public accounts, as well as the incorporation of relevant principles of racial, gender and environmental justice related to the distribution of public resources from taxes.

The meeting is an unprecedented initiative within the G20! Do you know what it resulted in? A document of civil society proposals was delivered to the Minister of Finance and head of the Financial Track, Fernando Haddad. This document will be added to a report on the taxation of large fortunes to be incorporated into the G20 negotiations under the Brazilian presidency. The person responsible for drafting this report is economics professor Gabriel Zucman.

Stay tuned for the next events on the road to the G20!