The organisation Tax Inspectors Without Borders (TIWB) has issued it Annual Report for 2016/17. The report covers the period from January 2016 to April 2017.
TIWB aims to support developing countries in their efforts to raise more domestic tax revenue to support economic development. TIWB is therefore seen by the OECD and UN Development program as one of the key tools in assisting tax administrations in developing countries to ensure that all companies pay tax in the jurisdiction where economic activity is taking place and value is created.
When tax administrations request assistance from TIWB an expert with the relevant skills is selected to work directly with the local tax administration on their audits and related issues in international tax matters. Tax audit skills are therefore imparted to the local tax administration and the tax officials have a chance to learn by doing.
This transfer of knowledge and skills can lead to improvements in the quality of audits and can also bring broader benefits including the potential for more revenues, greater certainty for taxpayers and an improved culture of compliance as the enforcement of tax laws improves.
The activities of TIWB therefore support the aims of the Addis Ababa Action Agenda and help developing countries to increase their tax revenues thereby supporting their efforts to implement the Sustainable Development Goals. TIWB can also support developing countries in implementing the recommendations of the OECD/G20 reports on base erosion and profit shifting (BEPS) and more effectively tax multinational enterprises.
TIWB aims to support developing countries to raise more domestic tax revenue to support economic development. It is therefore seen by the OECD and UN Development program as one of the key tools in assisting tax administrations in developing countries to ensure that all companies pay tax in the jurisdiction where economic activity is taking place and value is created.
The Annual Report gives more information on activities performed in the TIWB programmes and looks at results achieved and lessons learned. The report also discusses how to better measure the results in future and sets out the draft work schedule for the next year.