Tax Inspectors Without Borders (TIWB) is a joint OECD-UNDP initiative and is at the forefront of efforts to build tax audit capacities in developing countries. As a result of these initiatives, more countries are collaborating to close tax loopholes, improve transparency and ensure that multinational enterprises pay tax where they operate. There are at least 149 countries and jurisdictions committed to the Global Forums standards, transparency and exchange of information. Implementation continues on measures to reduce tax avoidance by multinational enterprises under the G20/OECD Base Erosion And Profit Sharing project in 113 countries and jurisdictions.
This progress is bearing fruit, with billions in additional dollars of tax revenue resulting from voluntary compliance mechanisms and off-shore investigations. This additional revenue can help countries to mobilise more resources domestically in support of the United Nation’s Sustainable Development Goals – resources that are very much needed. While there is considerable positive momentum, last year’s Panama Papers revelations also remind us that much more can be done to tackle tax avoidance and evasion. Work on the international tax agenda has become more inclusive in recent years and has demonstrated the power of multilateral co-operation to deliver global solutions to global problems. Continued political leadership and advocacy will be vital. In parallel, countries also need the knowledge, tools and capabilities to effectively engage on international tax issues. In many developing countries, these technical skills are lacking. This is where TIWB comes in.
An impressive 32 active or completed programs in over 25 jurisdictions worldwide and TIWB tax audit assistance resulting in over USD 328 million in revenue returned so far. Feedback from revenue administrations around the world shows us just how much our work is needed and appreciated, and how it is helping to build much-needed tax audit capacities in some of the world’s poorest countries and jurisdictions. As countries embark on implementing the Base Erosion and Profit Shifting measures, demand for TIWB support continues to climb and we are on track to deliver our target of 100 deployments by early 2020.
According to the OECD, “We welcome the central role played by Bob Hamilton, Canada Revenue Agency Commissioner and TIWB Governing Board member, and thank him for his commitment to supporting TIWB. TIWB has also successfully established a roster of tax audit experts to expand the pool of talent and expertise we can draw on for deployment.”
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