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 Collection and enforcement Administrative Variables Related Challenges Challenges ☐ Tax collection is hindered by the lack of adequate administrative capacity The lack of penalties and enforcement action makes it easier for people to evade taxes without fear of consequences NBR's ability to detect tax evaders, ease of completing revenue paper forms and proper implementation of online systems are absent in Bangladesh, which are positively correlated to detrimental tax compliance behaviour of taxpayers There have been no changes in the tax collection authorities over the years in the case of property tax. The collection authorities do not have any coordination mechanism, nor do they have adequate infrastructure and manpower to enhance the tax collection with the existing set- up - coordination can be maintained through an intra-operable data system ☐ There is a huge gap in case of actual tax collection and expected tax collection, as evident through the case of holding tax in Narayanganj City Corporation Actual holding tax collection in Narayanganj City Corporation is less than 50% of the estimated holding tax collection for the last five years (FY2019 – FY 2022) Justice concern Efficiency concern Transparency concern State and Scope of Property Taxation in Bangladesh 41
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