Taxation: International Cooperation

(asked on 29th November 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits supporting the new UN Framework Convention on International Tax Cooperation.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 6th December 2023

The UK strongly supports developing countries' efforts to scale-up domestic resource mobilisation to finance sustainable development.

The UK engaged constructively in the negotiations on the UN tax resolution. However, the UK, alongside many other countries, is concerned that proceeding with a UN convention on international tax at this time would not be the most effective way to achieve these goals. An Explanation of Vote was published on GOV.UK on 22nd November. [LINK]

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