Wealthy countries push back as UN moves ahead with global tax plan

Wealthy countries push back as UN moves ahead with global tax plan

Wealth and corporate taxes remain a sticking point between countries at the United Nations negotiating the roadmap for a framework convention on tax, which could herald a radical shake-up of the global tax system. The first round of talks to establish parameters that will guide the creation of the convention — initially opposed by wealthy countries including the United Kingdom, the United States, and some members of the European Union — conclude…