Tax Politics Playing Out on Global Stage as UN Talks Begin

An ambitious United Nations tax project begins in earnest this week, bringing all countries under one roof to forge global corporate tax rules that reflect the will of developing economies.

The difficulties facing negotiators at the New York meetings are daunting. A small number of rich countries remain opposed to broad elements of the talks—the US walked out of the group’s organizational meeting in February. And the threat of US retaliation against any agreement that departs too radically from the status ...