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DAILY NEWS ANALYSIS

  • 24 June, 2021

  • 8 Min Read

Bhutan’s Tax Inspectors Without Borders (TIWB) launched in partnership with India

Bhutan’s Tax Inspectors Without Borders (TIWB) launched in partnership with India

About Tax Inspectors Without Borders (TIWB) Programme

  • The Tax Inspectors Without Borders (TIWB) Programme which is jointly launched by UNDP and OECD is intended to support developing countries to strengthen national tax administrations through building audit capacity and sharing this knowledge with other countries.
  • The TIWB Programme aims to strengthen tax administrations of developing countries by transferring technical know-how and skills to their tax auditors and through the sharing of general audit practices and dissemination of knowledge products with them.
  • The TIWB Programme complements the efforts of the international community to strengthen cooperation on tax matters and contribute to domestic tax mobilisation efforts of developing countries.
  • India has been supportive in capacity building in tax matters in developing countries. India being a global leader in this respect has a very important role to play in South-South Cooperation in tax matters.

What is the news?

  • Bhutan’s Tax Inspectors Without Borders (TIWB) programme was launched in partnership with India
  • India was chosen as the Partner Jurisdiction and has provided the Tax Expert for this programme.
  • This programme is expected to be of about 24 months duration through which India in collaboration with the UNDP and the TIWB Secretariat aims to aid Bhutan in strengthening its tax administration by transferring technical know-how and skills to its tax auditors, and by sharing of best audit practices.
  • The focus of the programme will be on the area of International Taxation and Transfer Pricing.
  • This programme is another milestone in the continued cooperation between India and Bhutan and India’s continued and active support for South-South cooperation.

Source: PIB


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