Amendment No. 2 | Doc. 13019 | 02 October 2012
The activities of the Organisation for Economic Co-operation and Development (OECD) in 2011-2012
Committee on Social Affairs, Health and Sustainable Development
In the draft resolution, after paragraph 6, insert the following paragraph:
"The enlarged Assembly is concerned about continued tax evasion and tax avoidance that deprive State budgets of essential revenue. Referring to the Assembly’s Resolution 1881 (2012) and report on promoting an appropriate policy on tax havens, the enlarged Assembly urges the OECD to intensify its work in these areas and to seek synergies with relevant international partners, notably the European Union and the International Monetary Fund, in order to help States eliminate harmful tax practices, narrow the gap between the taxation of income from capital and from work, and improve regulation of the financial sector so as to manage better international capital flows."
Explanatory note
This proposal stems naturally from the Assembly’s ongoing work on tax justice and its cooperation with the OECD on tax-related and regulatory challenges and refers to previously adopted texts.