Why is the “North” shying away from global collaboration on tax?
By Wolfgang Obenland, Global Policy Forum
One of the more contested issues at the 3rd International Conference on Financing for Development, currently underway in Addis Ababa, Ethiopia is how to improve/ensure global cooperation in tax matters. During preparatory negotiations in New York, a proposal surfaced that would upgrade a UN expert committee on the issue into a full-fledged political, and more importantly universal, commission. The commission could deal with issues like fighting tax evasion and avoidance, could set standards for double taxation agreements and for how to deal with transnational corporations. This proposal, however was rejected with force by most OECD governments. Read more…