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    <description>BRICS Heads of Revenue committed to coordinated action against Base Erosion and Profit Shifting and endorsed the Common Reporting Standard for the Automatic Exchange of Information. They urged timely and consistent BEPS implementation via the Inclusive Framework, agreed to exchange information both on request and automatically, encouraged ratification of the Multilateral Convention on Mutual Administrative Assistance, and pledged technical assistance and capacity building to support developing countries&#039; participation and compliance.</description>
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