Q. With reference to Tax Inspectors Without Borders (TIWB), consider the following statements:
1.It is an international private firm that offers tax evasion consulting services to individuals and corporations.
2.It provides training programs and workshops for local tax officials on various aspects of tax audit and administration.
Select the correct statements using the codes given below:
Explanation –
Statement 1 is incorrect. TIWB is not a private firm. It is an international initiative led by the United Nations Development Programme (UNDP) and the Organisation for Economic Co-operation and Development (OECD) that provides support and assistance to developing countries in strengthening their tax audit and administration systems.
Statement 2 is correct. One of the key activities of TIWB is to provide training and capacity-building programs for tax officials in developing countries. These programs help tax officials improve their skills in areas such as international tax cooperation, transfer pricing, and cross-border tax issues.
Recently, Tax Inspectors Without Borders (TIWB) launched a programme in Saint Lucia. India has been selected as the Partner Administration and will contribute Tax Experts to this programme.
Source: Forum IAS
