IAS Gyan

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Tax Inspectors Without Borders (TIWB)

18th December, 2023 International Relations

Tax Inspectors Without Borders (TIWB)

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Context

  • Tax Inspectors Without Borders (TIWB), launched a programme in Saint Lucia on 14 December 2023.

Tax Inspectors Without Borders (TIWB)

About

  • Tax Inspectors Without Borders (TIWB) is a joint initiative of the Organisation for Economic Co-operation and Development (OECD) and the United Nations Development Programme (UNDP) supporting countries in building tax audit capacity.
  • TIWB Programmes complement the broader efforts of the international community to strengthen cooperation on tax matters and contribute to the domestic resource mobilisation efforts of developing countries.

Aim

  • TIWB facilitates well-targeted, specialized tax audit assistance in developing countries around the world.
  • Under TIWB tax audit experts work alongside local officials of developing country tax administrations on tax audit and tax audit-related issues.
  • TIWB aims to transfer technical know-how and skills to developing countries' tax auditors, as well as shared general audit practices.

PRACTICE QUESTION

Q. Consider the following statements:

1.Tax Inspectors Without Borders (TIWB) is a joint initiative of the Organisation for Economic Co-operation and Development (OECD) and the United Nations Development Programme (UNDP).

2.TIWB aims to transfer technical know-how and skills to developing countries' tax auditors, as well as shared general audit practices.

Which of the above statements is/are correct?

A) 1 only

B) 2 only

C) Both

D) None

Answer: C) Both