BRICS Countries Tax Authorities Agreement for Enhancing Cooperation

     BRICS Countries Tax Authorities Agreement for Enhancing Cooperation

BRICS Countries Tax Authorities Agreement for Enhancing Cooperation
BRICS Countries Tax Authorities Agreement for Enhancing Cooperation


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 Tax authorities of five BRICS countries signed a historic agreement to establish a mechanism to increase cooperation in tax matters.

According to the news agency Xinhua, signed during the fifth bracket of the tax authorities of the organization on the Brix Taxation Cooperation Memorandum, this is the first document of the BRICS to increase cooperation in tax matters at the institutional level.


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All parties agree on the exchange of information related to tax, improve the consultation process, strengthen taxation capability and cooperate with tax policies and tax collections.This meeting will be held in Shimane city of Fujian province, three-five Before the September BRICS summit will take place.

In India, China and South Africa, 42 percent of the world's population lives and their contribution to the global economy is 23 percent.

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