Group of 20 nations have agreed to work together to make the super rich pay their taxes, but stopped short of a more substantial deal, according to a declaration adopted Friday after a meeting of finance ministers in Rio de Janeiro.
The thorny topic of tackling tax-dodging billionaires dominated the two-day meeting in the Brazilian city, which will host the next G20 summit in November.
The initiative is a key priority for Brazilian President Luiz Inacio Lula da Silva, who heads this year's grouping, which includes the world's major economies, the European Union and the African Union.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.