Description: Description: The World assembly,
REALISING, That a major barrier towards international commerce and free trade, is the difficulty of accessing regulations and tax laws of foreign countries without paying expensive fees
FURTHER REALISING that difficulty of accessing Regulation and Tax laws prevent small companies from expanding internationally and allows international trade to be dominated by large megacorporations
BELIEVING, therefore, that an International Database of Taxes and Regulations(IDTR) is required to create an easily available database of the various laws and regulations of countries that agree to be a member of it
UNDERSTANDING, however, that some countries do not want their regulations to be publicly available due to the revenue generation capability for lawyers and other parts of the economy
FURTHER UNDERSTANDING that Regulations may be large and expensive to translate to other languages.
The United Nations, hereby:
1) ESTABLISHES the International Database of Taxes and Regulations(IDTR), Which requires countries who wish to be members to give a copy of all their regulation and tax laws to the IDTR as well as a nominal fee to pay for translation.
COMMISSIONS The IDTR to create a publicly accessible database of the regulations of the various member nations available in every langue of its member nations.
3) MANDATES that all Countries who are members provide the most up to date copy of the regulation's every quarter.
The nation of IBNUSTAN would like to request the various world delegates consider endorsing our Regulation and tax database due to the various economic befnits it will provide by allowing companies to expand more easily worldwide