(20 Jul 2013)
AP TELEVISION
1. Wide of participants at the G20 posing for group photo
2. Mid of Elvira Nabiullina, head of the Russian Central Bank (second from left), and Russian Finance Minister Anton Siluanov (centre)
3. Close of G20 Russia logo
4. Various of G20 participants posing for group photo
5. Various of cameras
6. Mid of Christine Lagarde, Managing Director of the International Monetary Fund
7. Various of group photo
8. Zoom out as participants stand up
STORYLINE:
Finance ministers and central bankers from the world's 20 biggest economies (G20) met in Moscow on Saturday.
They were expected to discuss a range of issues and approve a joint communique at the close of talks.
On Friday in Moscow, finance chiefs announced an ambitious plan to help governments get more taxes from multi-national companies.
The new 15-point plan includes ways to close loopholes, such as those that allow companies to stash profits from in offshore subsidiaries.
If adopted, the measures would be implemented over the next two years and target such practices as deducting the same expense more than once, in more than one country.
Low tax payments by major global companies - including Google, Amazon, Facebook and Starbucks - have sparked public anger in Europe recently, as governments are struggling with high debts, low growth and austerity measures that are hitting ordinary taxpayers.
The plan's designers insist that it isn't anti-business, and is in part aimed at making things more consistent for companies and governments.
Russian Finance Minister Anton Siluanov, the host of the G20 meeting, said the plan was aimed at allowing multi-national corporations to prosper without loading a higher tax burden on domestic companies and individual taxpayers.
Find out more about AP Archive: [ Ссылка ]
Twitter: [ Ссылка ]
Facebook: [ Ссылка ]
Instagram: [ Ссылка ]
You can license this story through AP Archive: [ Ссылка ]
