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OECD and UNDP’s TWIB Annual Report 2024: Boosting Tax Revenues in Developing Countries

  • OECD published TWIB Annual Report 2024
  • Initiative managed by OECD and UNDP to help developing countries boost tax revenues
  • TIWB now provides assistance in criminal tax investigation and data use
  • Piloting programs on digitalization of tax administrations and CbC reporting data
  • Additional pilot programs to support developing countries in applying tax laws effectively
  • Focus on increasing revenues from taxation of digital economy, including global minimum tax and auditing VAT on digital trade

Source: kpmg.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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