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International cooperation

Egyptian Tax Authority Joins "Tax Inspectors Without Borders" Initiative as Partner

Strategic Insights

— 2 min read

The Egyptian Tax Authority (ETA) has officially participated as a partner tax administration in the "Tax Inspectors Without Borders" (TIWB) initiative, marking a significant milestone in the Authority's history. Head of the ETA, Rasha Abdel Aal, announced the partnership, highlighting the Authority's progress in international taxation and its commitment to global cooperation. The ETA will now offer technical assistance to developing countries, drawing on its accumulated experience and previous cooperation with the OECD, UNDP, and HMRC. The initiative's support has played a key role in developing sustainable capabilities within the Authority, including training 37 inspectors, establishing a dedicated unit for transfer pricing and international tax, and achieving a notable rise in tax revenues through improved examination of multinational companies' pricing practices.

Key Takeaways:

  • The Egyptian Tax Authority has joined the "Tax Inspectors Without Borders" initiative as a partner tax administration, marking a significant milestone in its history.
  • The ETA's participation reflects its significant progress in the field of international taxation and its commitment to global cooperation.
  • The Authority will offer technical assistance to developing countries to enhance their expertise in transfer pricing and international taxation.
  • The ETA has implemented four capacity-building programs for tax inspectors through the initiative, supported by experts from the OECD, UNDP, and HMRC.
  • The current program focuses on complex transfer pricing issues in sectors such as extractive industries, financial services, and telecommunications.
  • The initiative's support has played a key role in developing sustainable capabilities within the ETA, including training 37 inspectors in transfer pricing and international taxation.
  • The ETA has established a dedicated unit for transfer pricing and international tax and achieved a notable rise in tax revenues through improved examination of multinational companies' pricing practices.
  • Joining the initiative as a partner is international recognition of the ETA's commitment to capacity building and global cooperation.
  • The ETA will share its expertise with tax administrations in developing countries within the framework of international cooperation led by the initiative.

Statistics:

  • The ETA has trained 37 inspectors in transfer pricing and international taxation through the initiative.
  • The Authority has established a dedicated unit for transfer pricing and international tax.
  • The ETA has achieved a notable rise in tax revenues through improved examination of multinational companies' pricing practices based on international standards.
  • The initiative has supported four capacity-building programs for tax inspectors through the ETA.
  • The current program is conducted in collaboration with His Majesty's Revenue and Customs (HMRC) in the United Kingdom.

Sources:

  • Dailynewsegypt
  • Organisation for Economic Co-operation and Development (OECD)
  • United Nations Development Programme (UNDP)
  • His Majesty's Revenue and Customs (HMRC)

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