“Futile and unrewarding”: the wilderness years of the international tax regime

Almost all histories of the international tax regime begin with the League of Nations: from the model conventions issued by its Fiscal Committee in 1928, to the Mexico and London draft model conventions.  The latter was agreed by a group of primarily European countries in 1946 at Somerset House, just across the road from where I… Continue reading “Futile and unrewarding”: the wilderness years of the international tax regime

Who will chair the new UN tax committee?

As I write this post, the new UN tax committee is in closed session, choosing its new chair. This first act of the committee feels like it will have an important tone-setting impact. There is much speculation about who is the preferred candidate among members from OECD countries, and an assumption that those members will… Continue reading Who will chair the new UN tax committee?

“We have some doubt whether it would really prove useful.” The origins of UK opposition to a Global Tax Body.

As OECD and G-77 countries debate the status of the UN tax committee at the Financing For Development conference in Addis Ababa, the finger has once again been pointed at the UK and US. @alexcobham well for now US blocking #ffd3 agreement and infuriating G77 who feel humiliated over being denied this one minor thing… Continue reading “We have some doubt whether it would really prove useful.” The origins of UK opposition to a Global Tax Body.

A global tax body for what?

It’s only a few days until the start of the Third UN Financing for Development summit in Addis Ababa. This is the key crunch point for discussions on if and how the international tax architecture might change to better accommodate developing countries in decision-making. Although the debate about strengthening the UN tax committee (UNTC) from… Continue reading A global tax body for what?

UN tax committee meets this week: but what is the UN model for?

I’m on my way to the UN tax committee’s annual session in Geneva. This year’s agenda contains quite a few interesting topics. I can’t write about them all, but I thought I might pick out three that seem particularly interesting. Since they are all discussions about the model treaty and its commentary, the common question… Continue reading UN tax committee meets this week: but what is the UN model for?

What is the UN tax committee for, anyway?

In January, the UN tax committee sent out a call for submissions [pdf] to the update of its transfer pricing manual. The subgroup working on this update will be drafting additional chapters on intra-group services, management fees and intangibles, all topics that greatly interest developing countries and civil society organisations grouped around initiatives such as… Continue reading What is the UN tax committee for, anyway?