Archive · 24 Sep 2026
BRICS Sets Up Tax Groups to Influence Global Rules
BRICS countries want to work together more closely on taxes.
India proposed two groups to organize this cooperation.
One group will discuss how countries tax international companies and settle tax disagreements.
The other group will study better ways to measure tax revenue.
Finance Minister Nirmala Sitharaman said developing countries are especially affected by transfer-pricing disputes.
She also said BRICS should have a stronger voice while global tax rules are being rewritten.
The groups are meant to keep working after India finishes leading BRICS.
China is scheduled to lead BRICS in 2027.
India proposed two BRICS working groups on international taxation and transfer pricing, and revenue statistics.
Finance Minister Nirmala Sitharaman said BRICS needs a stronger role in negotiations shaping future cross-border tax rules.
The international taxation group will share expertise on treaty interpretation, transfer pricing audits, advance pricing agreements and mutual agreement procedures.
The revenue statistics group will develop fiscal-performance measures that reflect the economic realities of BRICS countries.
The groups are intended to continue beyond India’s chairship, with China scheduled to assume the BRICS presidency in 2027.
- Who
- BRICS member countries, led in the initiative by Indian Finance Minister Nirmala Sitharaman and Revenue Secretary Arvind Shrivastava.
- What
- India proposed working groups on international taxation and transfer pricing, and on revenue statistics.
- When
- The proposal was discussed on Wednesday, September 23, 2026; China is scheduled to assume the BRICS presidency in 2027.
- Where
- At the BRICS heads of tax authorities meeting in New Delhi, India.
- Why
- To strengthen cooperation among tax administrations, address challenges faced by developing economies and give BRICS a stronger voice in global tax negotiations.
- Proposed groups
- International Taxation and Transfer Pricing; Revenue Statistics
- Main international issue
- Ongoing negotiations involving the United Nations Framework Convention on International Tax Cooperation
- International taxation group
- Will cover treaty interpretation, transfer pricing audits, advance pricing agreements, mutual agreement procedures and multilateral negotiations
- Revenue statistics group
- Will develop ways to measure fiscal performance that reflect BRICS economic realities
- India’s digital tax experience
- Faceless assessment, pre-filled returns, real-time invoice authentication and artificial intelligence-enabled taxpayer assistance
- Cooperation platform
- India has shared tax-administration experience through the BRICS Tax Collaboration Tool
- Next BRICS chair
- China is scheduled to assume the rotating presidency in 2027
Sources
India Proposes New BRICS Tax Groups As Sitharaman Calls For Stronger Voice In Global Tax Rule Talks
Shape Global Tax Rules, Sitharaman Urges BRICS Nations
Brics to set up working groups on transfer pricing, revenue statistics
FM pushes BRICS for stronger voice on global tax rules
BRICS to set up working groups on transfer pricing, revenue statistics
