civil-society-financing-for-development-mechanism-submission-aa51d20cd8cc6e04.pdf

A joint submission from over 175 civil society organizations and trade unions, coordinated by the Global Alliance for Tax Justice (GATJ), providing inputs for the Ad Hoc Committee to Draft Terms of Reference for a United Nations Framework Convention on International Tax Cooperation (FCITC).

• The submission argues that the FCITC must establish a fair and inclusive global governance structure for international tax, including a Conference of the Parties (COP) and a Secretariat, to ensure all countries participate on an equal footing.
• The authors propose several new subsidiary bodies and registries to support the FCITC, including the incorporation of the UN Expert Committee on International Cooperation in Tax Matters and the creation of a global asset register, a UN public registry for corporate transparency, and a UN public registry for tax and fiscal policies.
• The proposed framework should be guided by several core principles, including the 'polluter pays principle', the sovereign right of States to decide domestic tax policies, and an 'international single tax principle' ensuring multinational enterprises are taxed on worldwide income at least once and only once.
• The submission calls for a fundamental reform of the international corporate tax system to replace the current transfer pricing system, which is described as costing governments hundreds of billions in lost income annually.
• The document emphasizes the need for enhanced transparency measures, specifically advocating for public country by country reporting (CBCR) by multinational corporations, public beneficial ownership registers, and automatic information exchange (AIE) with non-reciprocal periods for developing countries.
• The submission identifies several priority tax areas for the FCITC, including the taxation of the income and wealth of the richest to reduce inequality, the effective taxation of extractives with attention to developing countries, and the promotion of progressive green taxes.
• Regarding the negotiation process, the signatories demand full transparency, including the live-streaming of all intergovernmental negotiating sessions on UN Web TV, and the establishment of support mechanisms (similar to the Trust Fund for Participation in the UNFCCC Process) to ensure effective participation of developing countries.

APA

Institute for Economic Justice (n.d.). civil-society-financing-for-development-mechanism-submission-aa51d20cd8cc6e04.pdf. https://iej.org.za/wp-content/uploads/2024/08/Civil-Society-Financing-for-Development-Mechanism-submission.pdf

Chicago

Institute for Economic Justice. civil-society-financing-for-development-mechanism-submission-aa51d20cd8cc6e04.pdf. n.d. https://iej.org.za/wp-content/uploads/2024/08/Civil-Society-Financing-for-Development-Mechanism-submission.pdf.

Wikipedia

{{cite press release |author=Institute for Economic Justice |title=civil-society-financing-for-development-mechanism-submission-aa51d20cd8cc6e04.pdf |url=https://iej.org.za/wp-content/uploads/2024/08/Civil-Society-Financing-for-Development-Mechanism-submission.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{instituteforeconomicjusticendcivilsocietyfinancingfordevelopmentmechanismsubmissionaa51d20cd8cc6e04pdf, author = {{Institute for Economic Justice}}, title = {{civil-society-financing-for-development-mechanism-submission-aa51d20cd8cc6e04.pdf}}, publisher = {Institute for Economic Justice}, url = {https://iej.org.za/wp-content/uploads/2024/08/Civil-Society-Financing-for-Development-Mechanism-submission.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }