ICRICT commissioners call for Intergovernmental Tax Body at FFD3

At today’s Independent Commission for the Reform of International Corporate Taxation (ICRICT) Live Debate on global tax reform, Alison Holder, Oxfam’s policy advisor said:

“The ICRICT Commission’s visionary proposals on reforming tax are aimed right at the center of the development debate in Addis. The Commissioners have spoken out in favor of a fairer global tax system and a new intergovernmental tax body, overseen by the UN, where all countries have an equal say in the tax rules that affect them. The ICRICT Commission is fighting for tax reform in the public interest, not for vested interests. 

“We support the call for a rebalance of power in the governance of global tax issues. The FFD outcome text should address this power shift and not just continue to place all of the burden of increasing tax revenue at the door of developing countries. 

“Global development challenges need global solutions. The creation of a UN tax body could pave the way to financing a more prosperous, equal and safer world.”