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U.N Economic and Financial Committee Approves Resolution for the Development of a UN Framework Convention on International Tax Cooperation

27 November 2023

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Approved Changes

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United Nations

According to a UN release, the UN Second Committee (Economic and Financial) approved the resolution titled the "Promotion of inclusive and effective international tax cooperation at the United Nations" on 22 November 2023 (document A/C.2/78/L.18/Rev.1). The resolution calls for the development of a UN framework convention on international tax cooperation in order to strengthen international tax cooperation and make it fully inclusive and more effective. The Committee approved it by a vote of 125 in favor to 48 against, with 9 abstentions. Before approval, the Committee took action on an amendment proposed by the United Kingdom (document A/C.2/78/CRP.7), rejecting it...