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Summary The G20 finance ministers on Saturday were to pledge to crack down on corporate tax avoidance.
MOSCOW (AFP) - They also vowed not to target specific exchange rate values that could spark a currency war, according to a draft communique from their talks in Moscow.
"We will not target our exchange rates for competitive purposes," said the draft communique, a copy of which was obtained by AFP. "We are determined to develop measures to address base erosion and profit shifting," it added, referring to the practice of companies registering abroad to limit taxation.
