Key highlightsUN advances Terms of Reference for a Framework Convention on International Tax Cooperation On 16 August 2024, the United Nations (UN) Ad Hoc Committee approved Terms of Reference for a UN Framework Convention on International Tax Cooperation. The Terms of Reference are set to be presented to the UN General Assembly for a vote during its 79th session, which opened on 10 September 2024. The draft provides for the Framework Convention to be negotiated during 2025—2027, after which it should be available for signature and ratification.OECD releases selection documentation package for MNEs participating in ICAP risk assessments On 1...