UN Model Tax Convention

The UN Model Tax Convention is a guideline created by the United Nations to help countries develop tax treaties. These treaties aim to prevent double taxation, where the same income is taxed in multiple countries, and to promote international trade and investment. The convention provides a standard framework to ensure fair taxation, improve cooperation between nations, and protect against tax evasion. By following these guidelines, countries can negotiate agreements that encourage economic development while ensuring that governments receive their fair share of tax revenue.