[{"bbox": [97, 154, 1133, 233], "category": "Text", "text": "as well as assessments of other SOEs, based on demand; and ii) Technical assistance to: a) implement the recommendations of the assessments of Lao Airlines and Elecricite du Laos, which was supported by the previous PFM Program, and b) build capacity for the transition to International Financial Reporting Standards (IFRS)."}, {"bbox": [97, 259, 401, 286], "category": "Section-header", "text": "### Activities related to Output 2.1"}, {"bbox": [97, 286, 1133, 551], "category": "Text", "text": "i) Review of tax laws and secondary legislation and recommendations for improvement. This will include, inter alia: a) review of current tax legislation (e.g. general tax law, asset tax, land tax, income tax, VAT, excise tax) and related implementing instructions, with a view to updating them in line with international good practices; b) review of current tax legislation to establish a legal framework for transfer pricing that aligns with good international practices; c) review current tax legislation in view of introducing policy, legislation and administrative measures to allow Lao PDR to collect VAT on sales of services, digital products and intangibles provided by foreign online vendors, as well as on imports of low-value goods from online sales; d) tax expenditure estimation to quantify the foregone revenue to understand the magnitude of the impact on revenue and concentration of tax expenditure, and support the rationalization of tax incentives, including providing recommendations on tax incentives for green investment drawing on international experience."}, {"bbox": [97, 551, 1133, 604], "category": "Text", "text": "ii) Capacity building: this will include delivery of training on, inter alia, good international practices in the implementation of VAT, income tax, transfer pricing concepts and methods, as well as international study visits."}, {"bbox": [97, 631, 402, 657], "category": "Section-header", "text": "### Activities related to Output 2.2"}, {"bbox": [97, 657, 464, 683], "category": "Text", "text": "This output will focus on the following:"}, {"bbox": [97, 683, 1133, 789], "category": "Text", "text": "i) Comprehensive risk management (CRM): support the tax department (TD) to adopt and implement a CRM, which will build on the implementation of existing elements such as risk-based audit (RBA) and large taxpayer management to cover other core functions of tax administration, such as registration, filing, payment, and debt management;"}, {"bbox": [97, 789, 1133, 843], "category": "Text", "text": "ii) Data management and analysis: build capacity in TD to conduct revenue forecasting and analysis to support compliance risk management;"}, {"bbox": [97, 843, 1133, 892], "category": "Text", "text": "iii) Capacity building for the roll-out of the new tax revenue management information system TAXRIS at the district level."}, {"bbox": [97, 895, 1133, 948], "category": "Text", "text": "iv) Taxpayer outreach and services: this will include support for the implementation of the Taxpayer Strategy and Communication Plan, which is part of the Tax Strategy (2021-2025)."}, {"bbox": [97, 974, 401, 1001], "category": "Section-header", "text": "### Activities related to Output 3.1"}, {"bbox": [97, 1001, 1133, 1241], "category": "Text", "text": "This output will support: i) implementation of a competency framework to support sustainable national training for a professional procurement cadre; ii) development of a capacity building strategy and training and capacity strengthening for staff of PPD, procuring entities and other public (control) bodies involved in procurement, at national and sub-national level; iii) implementation of the Public Procurement Law; iv) operationalization of Framework Agreements for procurement of commonly used goods and services in high spending ministries (namely MoF, Ministry of Foreign Affairs, Ministry of Health and Ministry of Education and Sports), in order to rationalize procurement and reduce costs; v) development of rapid procurement protocols to respond to emergencies such as COVID- 19; vi) operationalization of complaint and dispute settlement mechanisms; vii) development of legislation, guidelines, manuals; and viii) introducing green procurement approaches."}, {"bbox": [97, 1266, 402, 1293], "category": "Section-header", "text": "### Activities related to Output 3.2"}, {"bbox": [97, 1293, 1133, 1558], "category": "Text", "text": "This output will support, inter alia: i) an e-procurement readiness assessment and the development of a roadmap for introduction of e-procurement in the medium term; ii) design and procurement of a commercial off-the-shelf e-procurement system with modules for electronic publication and submission of bids; iii) support for preparing the regulatory framework for e-procurement and capacity building; and iv) development of an online data collection and analysis tool to collect, collate, analyze and report on procurement information from all procuring agencies scattered across the country, with a view to improving the availability of information for monitoring, including through citizen engagement, evidence-based decision making and system improvement. The information produced will help the GoL improve procurement policies affecting the participation of small and medium-sized enterprises, identify opportunities for promoting green procurement and analyze gender aspects of public procurement contracting."}, {"bbox": [97, 1584, 401, 1611], "category": "Section-header", "text": "### Activities related to Output 4.1"}, {"bbox": [1038, 1681, 1143, 1706], "category": "Page-footer", "text": "Page 9 of 25"}]