On 16 August 2024, the final draft terms of reference (ToR) for a United Nations Framework Convention on International Tax Cooperation was approved in a vote of 110 countries for and 8 countries against, with 44 countries abstaining from the vote. The ToR will next head to the General Assembly in November or December to decide on whether to proceed to the negotiation stage for the Framework Convention. As provided by the ToR, the text of the Framework Convention and two early protocols are to be finalized by an intergovernmental negotiating committee that would hold at least 3 sessions per...