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2 clusters · 4 sources · 5 days · First seen · Last updated
UN International Tax Convention Negotiations
Overview
In late July 2026, negotiators reconvened in New York for the fifth session of a draft UN Framework Convention on International Tax Cooperation. The agenda centered on moving tax‑rule making from the OECD to a more inclusive UN process, with several articles still undecided and proposals estimating that a unitary taxation model could raise $700 billion to $1 trillion annually. The initiative was driven by the African Union and the G77, seeking a stronger Global South voice.
By early August, talks resumed with a clearer “pay‑where‑you‑play” model that would tax multinationals where they employ workers and make sales. A joint study projected an additional $500 billion in global corporate tax revenue each year, benefitting both high‑income and low‑income countries. The UN set a target to adopt a global tax standard by late 2027, including provisions for digital services and a shift to a transparent UN‑led dispute‑resolution mechanism.
Entities
United Nations · G77 · Public Services International · African Union · United States
Timeline
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about 2 months ago
[BUSINESS] 2 sourcesUN talks aim to raise $500 bn yearly via new global corporate taxUN tax talks propose a new global corporate tax that could raise $500 bn annually, shifting profits to where multinationals operate, benefitting high‑income nations like the UK and US and boosting revenues for低
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about 2 months ago
[BUSINESS] 2 sourcesUN Tax Convention Negotiations Set to Shape Global Corporate Tax RulesUN negotiators meet in August to advance a global tax convention, shifting rule‑making from the OECD to a more inclusive UN process and aiming for unitary taxation that could raise up to $1 trillion yearly.
Sources
blogs.law.ox.ac.uk · ibtimes.co.uk · ips-journal.eu · wojteksychut.com