type
Blog post
source publication
Oxford Business Law Blog
Abstract
Excerpt:
"We are amid what promises to be a significant moment in international tax law. Recently, an ad hoc committee of experts held extensive meetings in New York to draft the terms of reference for future work on international tax cooperation. The work responds to the UN General Assembly Resolution 78/230 passed in December 2023 which steers the path for UN to work towards a fully inclusive and effective international tax cooperation. The UN General Assembly Resolution was prompted by a resolution tabled by the representative of Nigeria on behalf of the African Group of countries.
[...]This ad hoc committee is intergovernmental and led by the UN Member States. The work of the ad hoc committee is expected to translate into a UN Framework Convention on International Tax Cooperation, a first of its kind in international tax law. Given that the demands of any one country or even a few countries can only do so much, this mandate of the UN holds the promise of giving a larger voice to the non-OECD member countries."
Year
6-27-2024
Recommended Citation
Ashrita Prasad Kotha, 'United Nations: Will it Take the Road ‘Less Traveled’ in International Taxation?' (Oxford Business Law Blog, 27 June 2024)