The Independent Commission for the Reform of International Corporate Taxation is a group of leaders from around the world who believe that, at this moment in history, there is both an urgent need and an unprecedented opportunity to bring about significant reform of the international corporate taxation system. The Commission aims to promote the reform debate through a wider and more inclusive discussion of international tax rules than is possible through any other existing forum; to consider reforms from a perspective of global public interest rather than national advantage; and to seek fair, effective and sustainable tax solutions for development. The Commission is chaired by José Antonio Ocampo and includes Eva Joly, Rev. Suzanne Matale, Kim Henares, Léonce Ndikumana, Ifueko Omoigui Okauru, Govinda Rao, Magdalena Sepúlveda, Edmund Fitzgerald, and Joseph Stiglitz.
External link for ICRICT
11 Henry Rd
Oxford, Oxford OX20DG, GB
ICRICT reposted this
🎉 Chair of the Global Alliance for Tax Justice, Luis Moreno, selected as one of the top 50 people globally influencing tax! ITR highlighted Moreno's work at GATJ in uniting hundreds of organisations to fight for fair and equitable international tax policy. This includes his work on GATJ's successful advocacy to negotiate a #UNTaxConvention. 🔗 Read more: https://bit.ly/3BqG3OM
Le système fiscal international actuel est obsolète et injuste, et permet aux entreprises et aux super-riches de se soustraire à leurs responsabilités et de ne pas contribuer à leur juste valeur. L'adoption d'une convention-cadre spécifique des Nations unies est la voie à suivre. Par Magdalena Sepúlveda est directrice de l'Institut de recherche des Nations unies pour le développement social et membre d'ICRICT, au mediapart.fr. https://lnkd.in/ehkiyhJE
The global human rights map is alarming: everywhere, we see wars, massacres that aggravate natural disasters, and other crises that require urgent solutions and funding. However, recent advances in multilateralism at the Brazil-led G20 and the United Nations indicate that not everything is lost, writes our commissioner Magdalena Sepúlveda Carmona in Modern Ghana. https://lnkd.in/eCAGbbYP
"El mapa global de los derechos humanos resulta alarmante: por todas partes guerras, masacres que agravan desastres naturales y otras crisis cuya solución requieren financiamiento urgente. Sin embargo, recientes avances del multilateralismo en el G20 liderado por Brasil y en Naciones Unidas indican que no todo está perdido" escribe nuestra comisionada Magdalena Sepúlveda Carmona en México Social. La nota aquí: https://lnkd.in/gqzQ-v4C
ICRICT reposted this
📣 #UNTaxConvention NOW 🇺🇳 All States must continue supporting the adoption of the resolution for inclusive & effective international tax cooperation in the 2nd Committee of the UN General Assembly this Wednesday! Where we are in the negotiations for a United Nations Framework Convention on International Tax Cooperation (UN Tax Convention) ⤵️ 🗳️ This past August, States overwhelmingly voted to finalise the draft Terms of Reference for the UN Tax Convention in the Ad Hoc Committee with 110 States voting in favour and only 8 against (see image of voting record). 👏 This ambitious mandate for the UN Tax Convention includes commitments to tax multinational corporations, #taxtherich, address illicit financial flows, fairly reallocate taxing rights, and support sustainable development! Terms of Reference linked in the comments 🔗 📄 In October, moving forward with the process, the African Group tabled a draft resolution to adopt this finalised Terms of Reference at the 2nd Committee of the UN General Assembly. Link to the resolution in the comments 🔗 🔔 This Wednesday the 27th (tomorrow!), States will now approve the UN Tax Convention Terms of Reference at the 2nd Committee of the UN General Assembly. Following the adoption of the resolution at the 2nd Committee of the UN General Assembly on Wednesday, the budget will then go to be approved and negotiations on the Framework Convention and two early protocols will begin in February. #TaxJustice
On November 27, the United Nations General Assembly adopted the Terms of Reference for the development of a #UNTaxConvention: 125 countries voted in favour, 46 abstentions & 9 against. This mandate will create a new, fairer international tax system.
ICRICT reposted this
Great to see this oped from Financial Times editorial board, calling for public registers of beneficial ownership to end 'The scourge of corporate secrecy' - and citing Tax Justice Network's Financial Secrecy Index https://lnkd.in/d-6taQkd
After three years and two weeks of negotiations, the derisory $250bn financial commitment offered is a profound betrayal of the developing countries currently bearing the brunt of a crisis they did not create. "This was meant to be the Finance COP - the moment for developed countries to rise to the occasion and fulfil their moral and historical obligations. Instead, we've seen empty promises, lame excuses and infuriating delays. "There is a 'magic money tree' and it is called tax. Ending avoidance, eliminating harmful incentives and ensuring that polluters and the wealthy pay their fair share can help raise the trillions we need."
💰 Wealthy nations could raise trillions for climate by taxing extreme wealth, windfall profits & ending fossil fuel subsidies. Instead, they propose $250B by 2035—a fraction of what’s needed. This isn’t leadership; it’s a betrayal of the Paris Agreement & our planet’s future ⤵️
ICRICT reposted this
💰 Wealthy nations could raise trillions for climate by taxing extreme wealth, windfall profits & ending fossil fuel subsidies. Instead, they propose $250B by 2035—a fraction of what’s needed. This isn’t leadership; it’s a betrayal of the Paris Agreement & our planet’s future ⤵️
¿Las 3 alternativas fiscales que enfrenta Puerto Rico para evitar que las ganancias de corporaciones que operan en su territorio sean recaudadas en otras jurisdicciones? Lo explican José Antonio Ocampo y Verónica Grondona en el seminario organizado por Espacios Abiertos de Puerto Rico. . Ver seminario completo aqui: https://lnkd.in/dFd48P8Y