Description
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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.
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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
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