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G20 states to take synchronized measures to prevent tax base from diluting

"So, the response is definite that we make part of the process, it will be promoted under a new G20 presiding country," Russian Deputy Finance Minister Sergei Storchak said

Photo ITAR-TASS/Stanislav Krasilnikov

Photo ITAR-TASS/Stanislav Krasilnikov

STRELNA, September 5 (Itar-Tass) - The G20 states will take synchronized measures to prevent the tax base from diluting, Russian Deputy Finance Minister Sergei Storchak told a briefing within the framework of a G20 summit in St. Petersburg on Thursday.

“Today we understand well that the G20 states will take synchronized measures to prevent the tax base from diluting,” he said, adding that the idea why it is happening is prioritized.

“So, the response is definite that we make part of the process, it will be promoted under a new G20 presiding country (Australia) and we will work simultaneously so that the synchronization process will take place, and, certainly, we will study what can be done in Russia,” Sergei Storchak pledged.

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