BRICS to create tax working groups to aid developing economies

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AI-generated summary of the coverage listed below: The BRICS bloc announced plans to establish working groups focused on international taxation, transfer pricing, and revenue statistics. The groups aim to strengthen tax cooperation among member countries and help developing economies address cross-border tax challenges. By coordinating data and policies, the initiative seeks to give the bloc a stronger collective voice in global tax negotiations. The move is part of BRICS’ broader effort to build an economic bridge among its members.

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