Is a Closer Cooperation between the Organization of Economic Cooperation and Development (OECD) and the European Union (EU) Needed? A Practical Approach to Real-World Tax Issues C

Abstract

Over the last fifty-two years, the European Community (EC) has grown from six loosely connected states into a strong twenty-seven nation, federationlike power. The Community currently maintains a close cooperation with many organizations, one being the Organization of Economic Cooperation and Development (OECD). In today’s economic quagmire, the need to unite and work even closer on global issues is at its zenith. A consolidated Community voice, along with a unified Community mission to the OECD, could alleviate problems, misinterpretations, strengthen OECD policy, and save individual nations money. The author intends to show how certain Community procedures, in conjunction with an even closer cooperation with the OECD, could change current international tax policy, combat tax havens, and alleviate the need for a European Model Tax Convention.