Under Turkey's presidency of the G20, the G20 International Tax Symposium will take place in Istanbul from May 6 to May 8. The symposium will be held by the Finance Ministry together with Organization for Economic Co-operation and Development (OECD) countries, government authorities, representatives of the business world, nongovernmental organizations, representatives of international organizations and academics.
The main target of the symposium is to enable developing and low-income counties to benefit from tax and other related policies of the G20, and a platform will be established in this respect. The symposium will start with speeches by Finance Minister Mehmet Şimşek and the chairman of the OECD Financial Affairs Committee. Three-hundred representatives from 60 countries are expected to attend the symposium. The G20 tax agenda will focus on digital economy, contribution to financial stability, harmonization of tax rules to real global values, economic perspective and international consensus on base erosion and profit shifting, confidentiality in banking and automatic information exchange and developing countries and automatic information exchange.
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