State and Scope of Property Taxation in Bangladesh
Section 5: Towards Reforming Property Tax System in Bangladesh
|Property tax system is already in place in Bangladesh, but it is underperforming in
terms of equity, efficiency, and transparency- there is a need for reform!
ā The existing property tax system provides the comparative advantage of having
basic infrastructure, what it lacks is the right mix of remedial policy and
administrative reforms
The reform context of Bangladesh property tax system would be -
1. Addressing various bottlenecks and opportunities and proposing remedial
intervention or Strategic Implementation Plan for improving existing
property tax collection
2. Introducing new property tax system, such as inheritance tax as a new source
of direct tax revenue
State and Scope of Property Taxation in Bangladesh
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