Updates to UN Tax Standards Better Protect Revenues for Resource-Rich Countries
Recent revisions to the UN Model Tax Treaty could give resource-rich countries stronger tools to protect revenues from cross-border activities. The changes are the result of years of negotiations and technical work by governments, tax experts, and organizations, including the International Institute for Sustainable Development (IISD), and mark a real step toward making sure that mineral-rich countries capture a fair share of revenues from their natural resources.