The proposal was issued during the fourth international conference on the ‘Funding for Development’ of Sevia City of Spain, focusing on the growing gap between the world’s rich and the poor.
Accordingly, in the financial system, paddy is often contributing to taxes less than ordinary taxpayers, as the tax rate is lower for them or they are protected from legal defects.
At a press conference held on the conference site on Tuesday, Spain’s finance minister Khasas Gescon said that we need the highest number of public revenue to meet our needs.
“Discrimination is a problem everywhere and the rich people pay less than the middle class, the minimum income tax is lower than the taxpayers” “
The international conference in Sevia began on Monday, where the rising heat and temperature reached new height.
Spain and Brazil have appealed to other countries to join the initiative to make the global tax system equitable, progressive. Citing statistics, he said that one percent of the world’s population has more resources, which is higher than the total of 95 percent of the rest of humanity.
Exchange of knowledge
In the digital age, the world is connecting themselves and therefore reliable data accessibility is also important. The initiative presented on Tuesday is given priority to highlight the tax system defects between the government and the tax department of the countries of the countries and the removal of them.
These measures have been considered important to look for new strategies to avoid taxes and avoid tax evasion.
By improving the quality of national capacity development information for data analysis, it is necessary to know what taxes are being paid for tax agencies, how much taxes are being paid and what changes are required.
Some progress has already been recorded in this direction, but countries believe that more steps have to be taken and the countries should be combined.
Spanish Minister Khasas Geskon said that the property and legal structure behind the organizations, who is the original owner of who, must determine who is hiding this property.
In view of this, this proposal, technical cooperation, training in data analysis and assistance in strengthening the national tax system.
Global Wealth Registry
Spain and Brazil also discussed the creation of a registration register for wealth around the world. However, he believes that this process requires national level, political will and effort at the national level.
However, the goal is clear: further transparency, more accountability and only contribute to the rich class.
Brazilian Minister Khos Gilberto Scandicichi rejected the agenda agenda demanding the initiative. He said it was a restrained initiative to face a bitter reality.
This proposal is a part of the Sevia Action Platform, through which voluntary steps intended to realize sustainable development goals are encouraged.