State and Scope of Property Taxation in Bangladesh
Section 4: Implementation Challenges of Bangladesh Property Taxes
- Gap Analysis
Tools of Property Tax
Tax base assessment
Administrative Variables Related Challenges
Challenges
☐ A significant portion of the property market in Bangladesh is informal
It makes it difficult to accurately assess property values and to collect taxes from property owners
□ The manipulation of property valuation through under/over-reporting may occur due to political
interference
■ Public representatives may pressure tax officials to undervalue or overvalue certain properties for
personal gain or for political gains by aiding notable supporters, leading to inaccurate tax assessment
and further eroding public trust in the system
The problem of determining the annual rental value of property arises from difficulties in
identifying ownership, irregular assessment and lack of assessors
Joint ownership, absentee landowners and non-income groups create significant complexities with tax
payment
Record keeping during reassessment is inconsistent, making it difficult to identify liable parties
The political economy of reforms, like re-election of reforming public servants and resources
mobilisation, further hinder the regular reassessment of property
Politicians may interfere the selection and appointment of tax officials leading to an absence of qualified
personnel - this can result in delays in tax assessment and collection
State and Scope of Property Taxation in Bangladesh
Justice concern
Efficiency concern
Transparency concern
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