UK and German Finance Ministers call for corporate tax coordination
In a joint statement issued at the G-20 finance ministers meeting in Mexico city, the finance ministers of the United Kingdom and Germany called for better coordination of corporate tax regimes because changes in global business practices have exposed weaknesses in the current regimes.

According to the joint statement, "Britain and Germany want competitive corporate tax systems that attract global companies to our countries, but also want global companies to pay those taxes. That is best achieved through international action in the G-20 and other relevant international fora to ensure strong standards.

The Daily Tax Report story on the statement may be found here.

The joint statement may be found here.
By , posted on Tuesday November 6, 2012
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