Brasil

G20 agree to work on Brazil’s ‘billionaire tax’ idea, implementation seen difficult

G20 agree to work on Brazil’s ‘billionaire tax’ idea, implementation seen difficult

  • Brazil’s search for a global agreement on taxing the richest of the rich is backed by France, Spain, South Africa, Colombia and the African Union
  • US under President Biden supports the idea but prefers that it be done by country as tax policy is very difficult to coordinate globally, says Treasury Secretary Janet Yellen
By Reuters ·