Saint Lucia’s Tax Inspectors without Borders Program

16 Dec 2023

Context: India has been chosen to help Saint Lucia as a partner country in strengthening its tax administration under the Tax Inspectors Without Borders (TIWB) program.

India to help Saint Lucia’s tax administration under Tax Inspectors without Borders Program

Duration of the program: It is expected to be operational for 12-18 months.
Partner countries: India, along with nations of Barbados and the Eastern Caribbean will collaborate with the TIWB Secretariat and will be supported by UNDP’s Country Office.
India and TIWB: Saint Lucia will mark the seventh time that India has supported the TIWB program by providing Tax Experts.
- India previously helped countries like Bhutan and Seychelles.

About Saint Lucia

Location: it is an Island country of the West Indies in the eastern Caribbean. It is located north/northeast of the island of Saint Vincent, northwest of Barbados, and south of Martinique.
Key Tribes:Arawaks and Caribs
Capital city: Castries.

Tax Inspectors Without Borders

India’s Role as a Partner Country of St.Lucia:

Sharing of Best Practices: India will transfer technical knowledge and skills to Saint Lucia’s tax administration and share best practices to strengthen the country’s tax administration.
Focus Areas: It will focus on the effective use of automatic exchange of information under the Common Reporting Standard (CRS) framework.

About Tax Inspectors Without Borders Program

Launched by: the Organisation for Economic Co-operation and Development (OECD) & United Nations Development Programme (UNDP) in 2016.
It is a capacity-building program where partner administrations help the country by sharing the technical, skills, know-how, and best audit practices with its tax auditors.

Must Read: Data Point: India’s Widening Tax Base

News Source: Economic Times