State and Scope of Property Taxation in Bangladesh slide image

State and Scope of Property Taxation in Bangladesh

Section 5: Towards Reforming Property Tax System in Bangladesh The reforms required ☐ Strengthen tax administration - not only NBR but also other agencies, including local government and land ministry, with a view to improving professional capacity □ Digitisation and MIS process needs to be prioritised, which should also consider the use of data for analysis and better enforcement ☐ Improve the information dissemination system with the introduction and strengthening of the use of social media (e.g., Facebook), websites and hotlines Introduce Alternate Dispute Resolution (ADR) systems for land tax and municipal tax ☐ Reform the existing provisions of gift tax base, rate and, most importantly, exemptions - Bring the 'heba' system under gift tax until a new, modern inheritance tax is introduced State and Scope of Property Taxation in Bangladesh 47
View entire presentation