The United Nations University Institute on Comparative Regional Integration Studies (UNU-CRIS) published a Working Paper, in which the BEPS project is criticized for not sufficiently tailoring to the specific needs of developing countries.
The paper, Tax and Development: The Link between International Taxation, The Base Erosion Profit Shifting Project and The 2030 Sustainable Development Agenda, gives an interdisciplinary view on whether the BEPS project will help developing countries to achieve a sustainable and durable tax governance objective. It deals with two issues:
The authors point out that the agenda-setting and decision-making process under the BEPS project only included the G20 and OECD countries, and provided a set of recommendations to the international global tax governance architecture to be more inclusive and responsive to development countries’ needs.
The working paper is a phased outcome of the GLOBTAXGOV project operated in Leiden University, where 12 countries are involved in investigating the international tax law making including the implementation of the BEPS Minimum Standards. The paper will be discussed in a workshop to take place in 2019, when experts in tax, development, governance and international political economy, representatives of the European Commission, the OECD, the UN and any other international organizations (IMF and World Bank) and regional organizations (e.g. ATAF and CIAT) will be invited.
Source: The Working Paper
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