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Multilateral negotiations on a global tax treaty at the OECD have faced insufficient progress, prompting calls for a different approach by prominent figures including Joseph Stiglitz, Thomas Piketty, Jayati Ghosh, Gabriel Zucman, and others. The United Nations vote on a tax convention is urged by Piketty to combat tax abuse by multinationals and the wealthy, with a focus on support for developing-country initiatives. Developing countries have secured a larger international tax role for the UN, as the UN General Assembly votes to begin creating a tax convention to rival the OECD's, leading to tension between the two organizations.
UN General Assembly votes to begin creation of a tax convention to rival the OECD's....I wrote about the OECD/UN tension last year, will probably need to update. https://t.co/S7aX0HNCca
Developing countries secure bigger international tax role for UN https://t.co/197CTrimcO
.@Jayati1609, @JoseA_Ocampo, @josephestiglitz, and many more urge support for a developing-country initiative to reform the current unfair and inefficient system. https://t.co/z4GZoL5eHU
It's time to stop tax abuse by multinationals and the rich. In tomorrow's vote at the United Nations, we call on Europe and the US to say yes to a @UN tax convention. Our open letter in @lemondefr @icrict https://t.co/ai71w47buu via @lemondefr
Almost a decade of multilateral negotiations on a global tax treaty at the @OECD has yielded insufficient progress. It's time to try a different approach, say @josephestiglitz, @PikettyWIL, @Jayati1609, @gabriel_zucman, and many others. https://t.co/ohhwML95WL