Tax and development - Cooperating with developing countries on promoting good governance in tax matters

This own-initiative report concerns tax and development and cooperation with developing countries on good governance in tax matters. Amendments cite the Millennium Development Goals and IMF and ITC findings, and address developing countries' weak tax administration, narrow tax bases, tax exemptions and informal economies, illicit financial flows and capital flight, transfer mispricing, tax havens and harmful tax competition, vulture funds, the decline of trade taxes, and building tax-collection capacity.