UN Push for Greater Role in International Tax Talks, Explained

The United Nations will soon face the task of defining what role it will play in international tax policy discussions following the members’ decision to pass a resolution to create a binding treaty on global tax cooperation.

The resolution approved by the UN directs early drafters of the treaty to prioritize illicit financial flows and cross-border services—a wide area of focus that has critics worried about potential overlap with work done by the Organization for Economic Cooperation and Development.

That concern is being played out in the OECD-led negotiations over the global tax deal, agreed to by more than 140 ...