Global Tax Governance

Global tax governance refers to the international systems, agreements, and organizations that coordinate how countries set and enforce tax rules. Its goal is to prevent tax evasion, ensure fair taxation, and promote economic stability by fostering cooperation across nations. This includes efforts to address issues like profit shifting by multinational corporations and digital economy challenges. Key players include organizations like the OECD and the G20, which develop standards and promote transparency. Effective global tax governance helps maintain a fair and balanced global financial system, ensuring countries collect revenue needed for public services while reducing avenues for tax abuse.