Abdel-Aal stated that the Authority has transitioned from a
beneficiary administration to a provider of technical assistance, an
achievement that demonstrates its significant progress in international
taxation. She explained that the initiative is jointly run by the Organization
for Economic Co-operation and Development (OECD) and United Nations Development
Programme (UNDP), and is funded by the European Union.
Egypt will now provide technical support to developing
countries in transfer pricing and international tax practices, building on the
Authority’s deep expertise and previous involvement with the initiative.
The Egyptian Tax Authority has conducted four
capacity-building programs for examiners under TIWB, with support from OECD and
UNDP experts as well as independent consultants. The current program is
implemented in cooperation with the UK’s HM Revenue and Customs (HMRC), and focuses
on complex transfer pricing issues in extractive industries, finance, and
telecoms.
The Authority has strengthened its institutional
capabilities thanks to TIWB support, training 37 officials, establishing a
dedicated unit for transfer pricing, increasing revenue from audits of
multinational companies, and implementing tax policy reforms based on expert
recommendations.
Abdel-Aal emphasized that Egypt’s participation as a TIWB
partner reflects international recognition of the Authority’s commitment to
technical development and global cooperation. She affirmed Egypt’s readiness to
share its expertise with peer tax administrations in developing countries,
reinforcing its position as a leader in international tax reform.
The OECD commended the Authority’s inclusion in TIWB,
calling it evidence of its commitment to knowledge-sharing and its contribution
to a more cooperative global tax environment.