- Collection:
- Scholarly Works
- Title:
- The U.N. Framework Tax Convention: Can It Bridge the North-South Divide?
- Creator:
- Harpaz, Assaf
- Date of Original:
- 2024-09-16
- Subject:
- Law--History
Law--Study and teaching - Location:
- United States, Georgia, Clarke County, Athens, 33.96095, -83.37794
- Medium:
- articles
- Type:
- Text
- Format:
- application/pdf
- Description:
- Previously posted on SSRN (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4971715).
tax -- taxation -- international taxation -- global tax -- tax reform -- United Nations -- UN -- U.N. -- OECD -- Tax reform -- framework convention -- convention on international tax cooperation -- Global north -- Global South -- digital taxation -- taxation of the digital economy -- digital economy -- digital tax -- human rights -- tax disputes -- wealth tax -- wealth taxation -- high net woth individuals -- international cooperation -- international tax policy -- inclusive taxation -- international cooperation -- multilateral -- multilateral conventions -- multilateral negotiations -- tax treaties -- tax avoidance -- United Nations Framework Convention on International Tax Cooperation -- tax policy -- tax fairness -- developed -- developing -- International Law -- International Trade Law -- Taxation-Transnational -- Tax Law
The United Nations recently concluded the second session of negotiations on terms of reference for a framework convention on international tax cooperation. The framework convention presents an opportunity to multilaterally address pressing global tax issues. Its goal is to “strengthen international tax cooperation and make it fully inclusive and more effective.” The extensively negotiated terms of reference make several substantive commitments, including the fair allocation of taxing rights; tax evasion and avoidance by high-net worth individuals; sustainable development; mutual administrative assistance in tax matters; tax-related illicit financial flows; and prevention and resolution of tax disputes. The ongoing multilateral effort brings the promise of a more equitable international tax regime. However, support for the U.N.’s work and the substantive issues identified has been sharply divided along global north-south lines. A successful U.N. process will need to acquire legitimacy from both the developed superpowers and the developing countries that have historically been excluded from international tax policymaking decisions. The article explains the key issues being addressed in the U.N. framework convention on international tax cooperation, including the global north-south divide and its role in the multilateral process. - External Identifiers:
- Metadata URL:
- https://digitalcommons.law.uga.edu/fac_artchop/1716
- Holding Institution:
- Alexander Campbell King Law Library
- Rights:
-
