UN international tax convention: November 2023

Dear Constituent,

Thank you for contacting me about a UN Framework Convention on International Tax.

International cooperation is important to tackle global tax challenges, and I am aware that the Government actively engages with the Organisation for Economic Co-operation and Development (OECD)’s and UN’s work on tax policy.

The Government is committed to ensuring international tax rules and standards are effective as well as inclusive. The Government has supported consensus-based reform of the international tax rules through the OECD, including through the G20/OECD Inclusive Framework (with over 130 members), Flyer: OECD/G20 Inclusive Framework on BEPS  and the Global Forum (with over 160 members) Global Forum on Transparency and Exchange of Information for Tax Purposes - OECD, in which non-OECD members participate on an equal footing. This reflects the expertise that sits within the OECD and the steps taken in recent years to become ever-more inclusive of the needs of developing countries.

In the UK, the estimated tax gap for the 2021/22 tax year is at an all-time low of 4.8 per cent, down from 7.5 per cent in 2005/06. The Government is also investing a further £47.2 million to improve the capability of HM Revenue and Customs to collect tax debts, including supporting those who are temporarily unable to pay, Spring Budget 2023 (HTML) - GOV.UK (www.gov.uk).

Thank you again for taking the time to contact me.