# UN International Tax Convention Negotiations

> Live situation record from CLSTR: https://clstr.news/situations/un-international-tax-convention-negotiations
> Updated: 2026-08-02T16:25:25.000Z. Sources: 4. Developments: 2.

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.

## Timeline

### 2026-08-02: UN talks aim to raise $500 bn yearly via new global corporate tax

UN 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

2 sources. https://clstr.news/cluster/un-talks-aim-to-raise-500-bn-yearly-via-new-global-corporate-tax

### 2026-07-29: UN Tax Convention Negotiations Set to Shape Global Corporate Tax Rules

UN 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.

2 sources. https://clstr.news/cluster/un-tax-convention-negotiations-set-to-shape-global-corporate-tax-rules

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Cite as: UN International Tax Convention Negotiations. CLSTR, https://clstr.news/situations/un-international-tax-convention-negotiations