Developing Nations Watch UN Tax Rule Effort as Path to Growth

Tax officials from developing countries said Friday that United Nations tax reform efforts could help them meet targets under a global financial development plan.

The Seville Commitment—a 2025 framework shepherded by the UN to encourage development through financial reforms—calls on nations to expand taxation as a way to develop their economies.

Efforts to reform existing tax rules, ongoing at a UN committee of tax experts and through a forthcoming UN treaty on global tax cooperation, are ways countries can put the commitment into action, tax officials told a UN meeting in New York.

“These rules are completely anachronistic and ...