The United Nations Economic and Financial Committee recently approved a resolution to begin international tax discussions that would give developing nations greater input and potentially lead to a new blueprint for cross-border uniformity. The resolution was brought forth by Nigeria on behalf of the UN’s African Group. It mandates the body’s new leadership role in global tax, a policy conversation that up to this point has been steered by the Organization for Economic Co-operation and Development. Now that the resolution has passed, the UN seeks to “strengthen the inclusiveness and effectiveness of international tax cooperation through the evaluation of additional options.”
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