WORKING PAPER 1.

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Signatories: Brazil, France, Iceland, India

Problems
1. Lack of transparency between countries
2. The need of screening to list of countries that are tax-
compliant and tax-havens
3. Developing countries lack of capabilites to manage its
taxation system and activity
4. Whistleblowers are often negatively perceived by society
therefore we need to protect their

Solutions
Transparency
a. Recommends Member States to establish the Foreign Account Tax Exchange
(FATE) regulation that requires individuals and corporations to commit to the
implementation of the information exchange agreement regarding the
signatories current financial states with the assistance of international bodies

Addressing the developing countries problem

b. For developing countries, there would be creation of a large
taxpayer unit (LTU) that allows for specialization of tax
auditors that can create efficiency and help tax
administration concentrate all available capacities to
companies that contribute considerable amounts to domestic
revenues,
c. Expanding international collaboration to share information and
determine strategic actions with the following bodies:
a. Tax Justice Network
b. Organization for Economic Cooperation and
Development
c. International Monetary Fund (IMF) and World Bank
d. International Consortium of Investigative Journalist
e. Committee of experts on international cooperation in tax
matters
 d. Creation list of non-cooperative tax jurisdictions to clamp
down on tax evasion and avoidance:
a. Scoreboard
b. Screening
c. Listing

Whistleblowers and incentives for information exchange

b. Establishment of a clear list of the worlds unfavorable tax havens
by international governments and bodies with clear and objective
criteria free from political interference,
c. Strengthening of incentives for jurisdictions to comply with
international standards of the Exchange of Information on Request
(EOIR),
d. Developing a clear and broad definition of whistleblower, which is
any public or private sector employee or worker who discloses
information of wrongdoing, including but not limited to, corruption;
criminal offences; breaches of legal obligation; miscarriages of
justice; specific dangers to public health; safety and environment;
abuse of authority; unauthorized use of public property or funds;
gross waste or mismanagement; conflict of interest; and acts to
cover up any of these; and who is at risk of retribution. This includes
individuals who are outside the traditional employee-employer
relationship, such as consultants, contractors, trainees/interns,
volunteers, student workers, temporary workers and former
employees,
e. Developing a framework of protection granted for whistleblowers
with a reasonable belief that the information is true at the time it is
disclosed,
f. Establishing a reward system for whistleblowers if appropriate
within the national context, which can be in the form of employment
promotion or receive a portion of any funds recovered,
g. Providing comprehensive training for public sector agencies and
publicly traded corporations and their management and staffs on
whistleblowing activities with the help of international organizations
such as Transparency International,
h. Enforcing penalties for retaliation and interference with
perpetrators be given sanctions and civil penalties,