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UN to Begin Talks on Creating Global Tax Cooperation Framework

Nov. 23, 2022, 10:16 PM

The UN adopted a resolution Wednesday to begin talks toward creating an international tax cooperation framework with the aim of making global tax rules more inclusive and effective.

The global body’s Economic and Financial Committee unanimously backed the resolution to begin discussions in New York among countries over a framework that could include creating an instrument developed through the UN intergovernmental process, the resolution says.

The document requests Secretary General António Guterres to prepare a report to be released at next year’s general assembly analyzing all other international arrangements aimed at tax cooperation, the avoidance of double taxation and ...