BRICS and developing countries legal experts forum: emergence of international coordination in economic and tax law

Abstract

The Second Coordination Committee Meeting of the BRICS Law Institute and the BRICS and Developing Countries Legal Experts Forum were held on 2-10 June 2017 in Yekaterinburg, Russia. In the framework of the forum the experts elaborated and signed a declaration (summary of the discussion) in order to analyse the role of the BRICS and developing countries in international economic relations and to outline possible directions for taking concrete measures in areas of joint interest in relation to tax matters, including the settlement of cross-border tax disputes, and information exchange, education, cooperation and research on legal issues connected with capacity building in such areas. Besides, group of experts drafted an aspirational model draft conventions, which suggest innovative and ambitious approaches in terms of tax regimes and cross-border tax dispute resolutions.