U.N. Committee of Experts Proposes a Code of Conduct on Cooperation in Combating Tax Evasion

One of the matters on the agenda for the next meeting of the United Nations Committee of Experts on International Cooperation in Tax Matters is a proposal for a Code of Conduct on Cooperation in Combating International Tax Evasion and Avoidance. During the second session of the Committee of Experts on International Cooperation in Tax Matters, which occurred October 30-November 3, 2006, a report was presented on the possible development of a code of conduct dealing with cooperation on controlling capital flight and international tax evasion and avoidance. The purpose of such a code was to have a useful tool to encourage a higher level of compliance by taxpayers and tax Cooperation...[more]