United Nations, Tax and Development

by Tax Faculty Team on 19.03.2012 10:43

Are the global tax tectonic plates shifting?


The United Nations has a Committee of Experts on International Cooperation in Tax Matters which meets annually in Geneva. We provided a report on some of its current activities in the March issue of TAXline.


The Committee has very broad terms of reference encompassing many development issues but since it was established in its current form in 2004 it has concentrated on updating the existing UN Model Double Tax Convention, published in 2001, and preparing a Practical Transfer Pricing Manual for Developing Countries.


There has been much talk in recent years of upgrading the Committee of Experts into an Intergovernmental Organisation and this was again discussed at a special one day meeting of ECOSOC (UN Economic and Social Council) in New York on 15 March 2012. The provisional programme has been published but there is no report yet of the conclusions from the meeting. Any recommendation from this special meeting will be considered by ECOSOC when it meets for a month in New York in July 2012.


The special meeting launched an updated UN Model Double Tax Convention.


The next meeting of the Committee of Experts is in Geneva from 15 to 19 October 2012.