Regarding the issue of crypto assets, “we agree on the importance of developing a framework to gather information that guarantees full compliance with tax obligations,” said Guzmán. during his virtual participation in the summit of finance ministers and presidents of central banks of the G20 that takes place in the Indonesian capital of Jakarta.
On the other hand, he indicated that “Argentina remains committed to seeking solutions to the historical injustices of tax avoidance and evasion by large multinational corporations.”
The minister focused his presentation on current international taxation, which in cases of tax evasion “damages the processes of economic and social development.”
“An adequate solution to the problem of tax avoidance and evasion will allow the construction of a more inclusive, dynamic and sustainable global economy”remarked the head of the Palacio de Hacienda.
In his opinion, the solution to address these challenges derived, among other reasons, from the advanced digitization process that economies are undergoing “It is an important step in the action of tackling one of the worst problems of the global economy, that of tax avoidance.”
“Transparency must be ensured in the methodology and in the information used to evaluate the fiscal impact of the global solution, thus providing the certainty that each jurisdiction will have a valid and updated tool to carry out said evaluation, before and during its implementation”Guzman said.
Lastly, he said that “Argentina recognizes the very important work of this committee to improve the international tax architecture and remains committed to seeking solutions to the historical injustices of global tax avoidance and evasion, which have been harming economic and social development processes, in order to build a more inclusive, dynamic and sustainable global economy”
Source: Ambito
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