cooperation

A few months ago, I interviewed Abdul Muheet Chowdhary from the South Centre to discuss the ongoing negotiations on a landmark United Nations tax agreement that is in the making. If approved by enough Member States, this global agreement – also called the UN Framework Convention on International Tax Cooperation, or UN Tax Convention in short – will have the potential to shift the decision-making power on international tax rules from the OECD, a rich country club, to the UN. This move will give all countries, especially those in the Global South, a fairer share of tax revenues from multinational corporations operating within their borders. I spoke with Abdul again in December, days after the UN General Assembly had finally agreed to proceed with the drafting of the convention, to ask him what we should expect in the next few months.