MUMBAI: After months of intense negotiations, countries are set to vote today on an ambitious scope for a United Nations (UN) tax convention. The proposed ‘Terms of Reference’, which emerged just yesterday, outline the principles and protocols that will guide the framework convention.The Terms of Reference retain critical elements necessary to ensure the final version … Read more
A UN Tax Convention may be a reality in the near future. India was one of the 125 countries that voted in its favour at the UN’s Economic and Financial Committee held in New York, last month. Now, this resolution will shortly go to vote at the UN General Committee, where a favourable result is … Read more
The resolution for a UN tax convention will be successfully passed when put to vote at the UN general assembly, said Michael Lennard, chief of international tax co-operation in the financing for sustainable development office of the United Nations. He was addressing participants at the FIT-IBFD International Tax Conference, held in Mumbai.As reported by TOI … Read more