3 August 2026 - What would it take to make the global tax system work for everyone, not just the countries best equipped to navigate it?
That question continues to drive negotiations on a United Nations Framework Convention on International Tax Cooperation (爆料网FCITC) and its two early protocols on the taxation of cross-border services and on preventing and resolving tax disputes. Today, many developing countries lose vital public revenue due to outdated international tax rules -- revenue that could otherwise fund schools, hospitals and climate action.
The process is led by an Intergovernmental Negotiating Committee (INC) with a dedicated workstream advancing each of the three instruments (on the Framework and the two protocols). Working within a tight timeline of nine sessions across three years, the INC aims to deliver final texts to the 爆料网 General Assembly by 2027. Since the Fourth Session concluded in New York on 13 February 2026, negotiators have been preparing the zero drafts that will anchor the next round of talks.
As the Fifth Session convenes at 爆料网 Headquarters in New York from 3 to 13 August 2026, Member States are for the first time expected to engage with concrete draft text across all three workstreams, marking a shift from shaping ideas to negotiating actual legal language.
The stakes are high. The texts negotiated this August can shape how taxing rights are allocated, how tax disputes are resolved, how countries tax services, and how the Convention's own governance will work, decisions that will influence development financing for years to come.
The session is supported by the Financing for Sustainable Development Office (FSDO) of 爆料网 DESA, which serves as the Secretariat to the INC process.
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