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A binding global tax on billionaires is high on the agenda of a UN tax convention, which has a three-month deadline to agree on a text (Photo: Pixabay)

UN billionaire-tax rules gain momentum, as EU softens opposition

The EU has rowed back from its previous opposition to an UN tax convention, insiders told EUobserver, despite its agenda on global wealth and digital taxes becoming increasingly ambitious. 

The creation of the UN convention was supported by a wide majority in November 2023, but opposed by a small gr...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

A binding global tax on billionaires is high on the agenda of a UN tax convention, which has a three-month deadline to agree on a text (Photo: Pixabay)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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