State and Scope of Property Taxation in Bangladesh slide image

State and Scope of Property Taxation in Bangladesh

Section 4: Implementation Challenges of Bangladesh Property Taxes - Gap Analysis Tools of Property Tax Data issue Cross-cutting Issues Challenges Property tax assessments are often based on outdated or incomplete property information making it difficult to ensure accuracy Absence of interoperable and intra-operable data system hinders the efficiency of existing property system in view of identification of eligible tax base and estimating optimum tax base coverage, valuation of property and calculating tax assessment liability, and tracking tax evasion ā˜ Absence of interoperable and intra-operable data system also affects equity by not allowing to control multiple taxation and to protect taxpayers from multiple tax burden - tracking of tax liability through robust data system can help this issue The Digital Land Management System (DLMS) has been introduced to update land records but infrastructure and knowledge gaps hinder its effective implementation State and Scope of Property Taxation in Bangladesh Justice concern Efficiency concern Transparency concern 43
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