Context:

  • Tax Inspectors Without Borders (TIWB), a joint initiative of the United Nations Development Programme (UNDP) and the Organisation for Economic Cooperation and Development (OECD), launched its programme in Bhutan.
  • India was chosen as the Partner Jurisdiction and has provided the Tax Expert for this programme.

Relevance:

GS-II: International Relations (India’s Neighbors, Foreign Policies and programmes affecting India’s Interests)

Dimensions of the Article:

  1. About the TIWB Programme in Bhutan
  2. About TIWB

About the TIWB Programme in Bhutan

  • Bhutan’s Tax Inspectors Without Borders (TIWB) programme is launched in partnership with India.
  • This programme is expected to be of about 24 months’ duration.
  • The focus of the programme will be in the area of International Taxation and Transfer Pricing.
  • Through this 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 through sharing of best audit practices.

About TIWB

  • The TIWB Programme is a joint initiative of the United Nations Development Programme (UNDP) and the Organisation for Economic Cooperation and Development (OECD).
  • The objective of the TIWB Initiative is to enable sharing of tax audit knowledge and skills with tax administrations in developing countries through a targeted, real time “learning by doing” approach.
  • TIWB is focused on promoting hands-on assistance by sending Experts to build audit and audit-related skills pertaining to specific international tax matters and the development of general audit skills within developing tax administrations.

-Source: PIB

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