Daily Times
May 1, 2021
Pakistan has called for international cooperation on tax matters to help fund cross-border public goods and crises-resilient health systems for pandemic recovery and achieving sustainable development.
In his remarks at ECOSOC’s special meeting on international tax cooperation, President of the UN Economic and Social Council and Pakistani Ambassador Munir Akram underscored the need for member states to work together to stop the drainage of resources for sustainable development caused by illicit financial flows, as well as corporate and personal tax avoidance and evasion.
Ambassador Akram said that there is an urgency to put an end to the ‘tax havens’ which enable profit-shifting practices by the big multinational corporations. He said a minimum global corporate tax could provide a way forward.
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