Revenue mobilisation and tax evasion in Bangladesh

   0   0 Blog

From the Equity and Justice Working Group Bangladesh:

“No exclusive research or study (has been) conducted so far in Bangladesh to identify what amount of money has been evaded the MNCs out of the payable taxes.”

They add that the Bangladeshi finance minister has estimated the size of the shadow economy as exceeding 48 percent of GDP; while separate research estimates it at closer to 37 percent. Proper tax collection on multinational tax dodging could increase the ratio of direct taxes in the total tax take, and release the pressure of  indirect taxes on ordinary people: currently, it says, 75 percent of all tax revenues is collected as the indirect tax, with Value Added Tax (VAT) as the key source of revenue.

With a focus on multinational telecoms companies and their cushy deals.

Read the rest of the report here.


Related Posts

New Report: HMRC’s “Building our Future” programme

bigben-mcbigbenfaceYesterday the Tax Justice Network was in the UK Parliament to launch a report it co-produced with the Public and Commercial Services Union. The report, entitled “HMRC, Building an Uncertain Future” is a study of HMRC’s (the UK tax authority) reform plans which it is calling “Building our Future”. The report published yesterday analysed the […]

READ MORE →

Financial secrecy in football: time for action

bigben-mcbigbenfaceEveryone has known for years that football is rotten to the core and financial secrecy is at the heart of the problem. Why then is no one doing anything about it? This post from the Offshore Game project originally features in the Independent. 

READ MORE →

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top