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KPMG report: Potential effects on businesses of new UN tax treaty

A KPMG report that reviews the UN’s efforts to create a new tax treaty and explains why businesses need to monitor the UN process

August 21, 2024

The Bureau of the Ad Hoc Committee to Draft Terms of Reference (TOR) for a United Nations (UN) Framework Convention on International Tax Cooperation released an initial draft TOR for comment on June 7, 2024. Read TaxNewsFlash

The Bureau subsequently released a revised draft TOR on July 19, 2024. Read TaxNewsFlash

Read an August 2024 report* prepared by KPMG LLP that reviews the UN’s efforts to create a new tax treaty and explains why businesses need to monitor the UN process and communicate with policymakers in all countries regarding the potential consequences of the different policy choices that are on the table.

* Reproduced with permission. Published August 21, 2024. Copyright 2024 Bloomberg Industry Group 800-372-1033.

 

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