Rwanda has been urged to embrace best international practices on taxation and transfer pricing to boost cross-border trade and enhance the investment environment.

Dr. Thomas Balco, a tax expert from the International Centre for Taxation and Development (ICTD), said adopting global best practices in tax administration helps promote tax rights, as well as eliminate harmful tax competition that often affects competitiveness of companies.

“Apart from referring to rules that regulate tax liabilities, and the interaction of tax systems on cross-border trade, it is equally critical for Rwanda to strengthen its tax policies and align them with international tax systems,” Balco pointed out.

The ICTD expert and others from the Central Asia Tax Research Centre are conducting a five-day training for 100 tax inspectors, auditors and legal experts from across the country.

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