International Tax Reform Briefing Note

The briefing note critiques the OECD's two-pillar solution for its lack of transparency and failure to recover the $400 billion lost annually to tax abuse, noting that high-income countries benefit most. It advocates for the UN Framework Convention on International Tax Cooperation as a democratic alternative for all 193 UN member states. The document urges South Africa, during its 2025 G20 presidency, to champion global minimum standards for taxing the super-rich and build consensus for the UN Convention to support sustainable development and the SDGs.

• Global tax abuse by multinational enterprises and wealthy individuals results in annual losses exceeding $400 billion, which disproportionately affects lower-income countries that lose an average of 36% of their public health budgets.
• The OECD's two-pillar framework is criticized for being negotiated primarily by high-income countries, offering minimal revenue gains compared to total losses, and reducing the fiscal sovereignty of adopting countries by limiting their ability to tax digital services.
• The UN Framework Convention on International Tax Cooperation is presented as a democratic alternative that allows all 193 UN member states to negotiate rules equally, with initial focus on dispute resolution and digital taxation.

APA

iej_admin (2025). International Tax Reform Briefing Note. Institute for Economic Justice. https://iej.org.za/resource/briefing-note/from-the-oecd-to-the-un-international-tax-reform-and-the-role-of-south-africa-in-the-g20/

Chicago

iej_admin. International Tax Reform Briefing Note. Institute for Economic Justice, 2025. https://iej.org.za/resource/briefing-note/from-the-oecd-to-the-un-international-tax-reform-and-the-role-of-south-africa-in-the-g20/.

Wikipedia

{{cite report |last1=iej_admin |title=International Tax Reform Briefing Note |publisher=Institute for Economic Justice |date=2 June 2025 |url=https://iej.org.za/resource/briefing-note/from-the-oecd-to-the-un-international-tax-reform-and-the-role-of-south-africa-in-the-g20/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{iejadmin2025international, author = {iej\_admin}, title = {{International Tax Reform Briefing Note}}, institution = {Institute for Economic Justice}, year = {2025}, month = jun, url = {https://iej.org.za/resource/briefing-note/from-the-oecd-to-the-un-international-tax-reform-and-the-role-of-south-africa-in-the-g20/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }