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G20 leaders call for harmonization of tax regimes - Siluanov

“I believe that the plan’s implementation will help solving this problem,” the Russian finance minister said

STRELNA, September 5 (Itar-Tass) - The G20 leaders called for harmonization of the tax regimes on the first day of the G20 summit in St. Petersburg.

“The leaders stressed the need to fight tax evasion. We need to get rid of grey zones where tax evaders hide,” Russian Finance Minister Anton Siluanov told journalists at a briefing devoted to the G20 summit’s first day on Thursday.

Siluanov added that the G20 leaders had unanimously supported a plan to increase the transparency of taxation drawn jointly with the Organization for Economic Cooperation and Development (OECD).

“I believe that the plan’s implementation will help solving this problem,” the Russian finance minister said.