Posts Tagged Fiscality, Auditing & Accounting
The Updated UN Model Double Taxation Convention
Posted by Bogdan Marius Beleuz in Fiscality, Auditing & Accounting, Law & Legislation on March 16, 2012
The United Nations announced on March 14th that it has updated a set of guidelines to prevent double taxation between countries and as well to avoid tax evasion. The revised UN convention aims to encourage foreign investment, combat corporate tax evasion and avoid the double taxation. The UN Model Double Taxation Convention between Developed and Developing Countries play a key role on bilateral tax treaties between countries. The UN Model Tax Convention, as well as the OECD Model Tax Convention have a profound influence on international treaty practice.