UN General Assembly
1953

170. In the last paragraph of resolution 483 D (XVI) on full employment, the Council “Calls upon all governments, with a view to increasing trade, employment and standards of living, to take all practicable steps to reduce obstacles to the development of normal and mutually beneficial trade between countries, availing themselves, inter alia, of any opportunities which may arise as a consequence of improved balance of payments or monetary reserve positions, the maturing of newly- developed industries or an easing of international tensions”. 171. With regard to international tax problems, it is true that the Economic and Social Council could not arrive at any definite recommendation concerning the disadvantages of double taxation. On this matter it confined itself to asking the Fiscal Commission in its resolution 486 B (XVI), to continue its studies, and to recommending that “. . . the highly developed countries, acting unilaterally or when concluding tax. agreements, should give special consideration to the feasibility of taking action to ensure that such income is taxable only or primarily in the country in which the income was produced”.