Finance Minister Nirmala Sitharaman on Wednesday said decisions taken in ongoing multilateral tax negotiations over the next few years would shape cross-border taxation for a generation, stressing that BRICS economies must ensure their perspectives are reflected in the emerging global tax framework.
Addressing the BRICS Tax Heads Meeting in New Delhi, Sitharaman said the rules of international taxation were being renegotiated through several multilateral processes, including the UN Framework Convention on International Tax Cooperation.
"The decisions made in these processes over the next few years will shape cross-border taxation for a generation," she said.
