The recent United Nations (UN) tax initiative was heavily criticized by certain developed states both during the discussions at the UN and following it. This criticism was based on the argument that the initiative would interfere with the alleged progress made by the OECD and its so-called inclusive framework. Other forms of the same argument were that the UN work would be a mere duplication of the OECD work and that the UNs do not have the expertise, experience, and resources of the OECD, which had served as the caretaker of the regime in the past sixty years or so. This article responds to this critique of the initiative with ten examples of desirable reforms needed by the international tax regime, reforms that the UNs is better equipped, and hopefully more willing than the OECD to implement.
Intertax