The following article discusses the United Nations’ (UN) recent initiatives (i) in revising the UN Model Tax Treaty between developed and developing countries and (ii) creating subcommittees and working groups for the discussion of contemporaneous tax topics, while adopting a developing country perspective. This article focuses on the work done by one subcommittee in particular: the transfer pricing subcommittee, and discusses what developing countries claimed to be their greatest difficulties in issuing, applying, and reinforcing transfer pricing regulations. This article also deals with prospective goals, and the role that the UN wants to have in international tax policy discussions for the future.
Intertax