The external network continues to move towards strengthening the capacity of emerging countries to tax multinational companies well, despite the negative effect of the COVID-19 crisis on domestic resource mobilization efforts.
Tax Inspectors Without Borders (IISF), a joint OECD / UNDP initiative introduced in July 2015 for the audit capacity of emerging countries and compliance of multinationals around the world, has become applicable in the era of COVID -19 as a practical tool for aid Emerging countries collect all taxes obtained through multinational companies. To date, IISF assistance has generated more than $ 537 million in additional revenue for emerging countries through June 2020, according to its most recent annual report.
Today’s report presented through OECD Secretary-General Angel Gurraa and United Nations Development Programme Administrator Achim Steiner at a ministerial roundtable on the sidelines of the 75th consultation of the United Nations General Assembly, jointly organized by the Permanent Mission of Finland to the United Nations. , THE OECD and UNDP.
With systems in Africa, Asia, Eastern Europe, Latin America and the Caribbean, the TIWB initiative has 80 systems completed and underway in forty-five countries and jurisdictions around the world. 19 more systems have been requested and are under preparation. The report highlights the presence of a wide range of partners, adding regional and foreign organizations as well as primary donors of Official Development Assistance (ODP). Sixteen countries have deployed their tax officials on duty to provide hands-on and hands-on learning assistance to auditors in emerging countries. The associated administrations accompany those involved in South-South cooperation, adding India, Kenya, Mexico, Morocco, Nigeria and South Africa.
The good luck of the current IISF style has also triggered the expansion of the Tax Crime Investigation Initiative and the use of automatically exchanged data between governments, any of which will combat illicit monetary flows. tax issues.
“Despite the constraints imposed by the COVID-19 crisis, the IISF initiative remains completely ‘open to business’ thanks to measures instituted to help experts continue to provide remote assistance,” said OECD Secretary-General Angel Gurraa. but we are expanding IISF’s focus to supply other tax spaces to combat corruption and publicize integrity. “
“Borderless tax inspectors play a key role in assisting emerging countries in the pandemic: their new service aims to increase national income while supporting the transition to greener and more sustainable economies,” said Steiner, UNDP administrator.
In his address to the meeting, S. E. Ville Skinnari, Finnish Minister for Cooperation for Development and Foreign Trade, said: “I congratulate UNDP, the OECD and the entire UN formula for fiscal justice and the mobilization of national resources. We have also done our homework in Finland: in June this year, we introduced the Finnish government’s new programme of action on development taxation. “
To bring IISF into this new expansion, former Georgia Deputy Finance Minister Rusudan Kemularia has been appointed head of the IISF Secretariat. departments of monetary policy, secretary of Parliament and co-chair of the Tax Dispute Resolution Advisor from 2008 to 2019 in Georgia.