On December 21 and 22, 2016, officials from the CIAT Executive Secretariat met in Bolivia with authorities from the SIN of Bolivia to evaluate the progress of two projects financed by SECO of Switzerland. One of them is aimed at the effective implementation of the provisions for the control of abusive manipulation of transfer prices and another aimed at improving the levels of compliance of economic sectors relevant to the Bolivian economy.

Among the achievements was the implementation of procedures to select cases with risk of transfer pricing manipulation, the identification of risks in relation to VAT compliance, as well as dealing with tax non-compliance risks in a more systematic manner, to be soon institutionalized by the SIN with the creation of a unit specialized in risks.

For the period from April 2017 until March 2018, it is planned to initiate transfer pricing audits on selected cases, advance on processes to manage tax treaties, improve levels of transparency and information exchange, and continue to implement processes that allow managing more risks in already defined economic sectors.

Both projects accompany a Comprehensive Institutional Development Plan for the SIN of Bolivia, aimed at strengthening, among others, risk management, international taxation – which will each generate a centralized area – information technology and training.

The Executive Secretariat of CIAT congratulates the SIN of Bolivia for its achievements and thanks SECO for allowing this efficient cooperation.

From left to right: Mr. Gonzalo Arias, Director of Cooperation and International Taxation and Mr. Veimar Mario Cazón Morales, Executive President of the National Tax Service of Bolivia.

From left to right: Mrs. Juana Patricia Jiménez Soto, Mr. Veimar Mario Cazón Morales and Mr. Gonzalo Arias.