India, Sept. 24 -- Finance Minister Nirmala Sitharaman on Wednesday urged BRICS nations to share their experiences on treaty interpretation and multilateral negotiations in international taxation, saying global transfer pricing disputes "disproportionately" burden developing countries.

India has proposed to set up two new working groups, International Taxation and Transfer Pricing and Revenue Statistics, at a time when international tax rules are being renegotiated, Sitharaman said, addressing the BRICS heads of tax authorities meeting here.

The rules of international taxation are being renegotiated. There are several multilateral tax issues, including the UN Framework Convention on International Tax Cooperation, under active negotiatio...