Plan for Latin America Tax Summit Signals Unease With OECD Pact

Jan. 17, 2023, 10:49 PM UTC

Colombia is organizing a high-level Latin American summit on global tax rules, the latest sign of dissatisfaction among developing countries with a global tax agreement that they believe doesn’t offer them enough.

The summit of Latin American and Caribbean finance ministers is scheduled for July 27-28 in Cartagena, Colombia. The region’s interests “have not been visible enough in the international tax policy debate so far, and this must change,” Jose Antonio Ocampo, Colombia’s finance minister, said in a statement Tuesday on the website of the International Centre for Tax & Development.

A fairer international tax system is “a top ...

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