Countries should move toward getting the United Nations involved in global tax administration, to help stop what could be $4.8 trillion in lost taxes to multinational companies and wealthy individuals over the next decade, an advocacy group said Tuesday.
The OECD and its member countries, which are heading current efforts to cooperate globally on taxes, have been unwilling to make the kinds of changes that are needed to stem tax abuses—“standards that can only be won through democratic process at the UN,” the Tax Justice Network said in its annual State of Tax Justice report.
- Some developing countries and ...
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