A new tax law is coming, under which property will be faced if found abroad.
On Monday (June 5), this information was known from the National Board of Revenue (NBR).
According to the source, if there is wealth abroad, it should be mentioned in the return of tax. If one does not mention the poison and find out in the NBR investigation - then there is a provision of various punishments in the new law.
This new law is coming to the bad news for Bangladeshis who have made wealth illegally, including Begum Paja, Maleshitar Second Home of Canada.
The new tax law states that if a taxpayer does not show his assets abroad in his return, and if the tax officials find that assets and cannot provide a satisfactory explanation of the source of the acquisition and other issues, the tax officials can fine. They can also pay fine and fine equal to the fair market price.
Economists and researchers are looking at the law positively, they said, "it's a good initiative, yet it depends on how impartial and efficient it will be implemented."
Cheterman of the research institute Rapid. Abdur Razzak told BanglaNews that the law is good. But the question is that it can be a good initiative for tax mobilization. It should also be seen that taxes should not be too coercive. In this case, there is another poison that is important in this case, it is the same treatment for everyone. If you find someone, it will not be a problem.
It is possible to find the resources that have been found abroad before, and it is possible to take action against the undisclosed assets of the foreign country under the existing laws. Abdur Razzak said, "I personally do not want to criticize any law in a hurry.
But in the application, remember that it is equally not, so that it is done in the case of a person, not to see others. I pretended to be a revenue. And it should be moderate and it should be moderate. The poison is such that it has created wealth by corrupting the person.
Various people have taken money abroad in different times, and they have tried to bring them in. This law is considered part of the effort by research institute BIDS research director and the state sector leader Agrani Bank checkerman Dr. Zahid Bakhat, however, has a question about how effective the new law will be.
Zahid Bakht told BanglaNews that those who smuggle money do it very carefully. They do not do it in their own name. Children, wives or relatives save wealth abroad in the name of relatives. It is very difficult to catch it abroad.
A lot of governments abroad do not cooperate in such activities. Let the wealth, it inspires, and for what the law does, it is right to do it.
In countries where the new law is implemented He suggested that the money, which is possible, would be made with the laws of the country, if possible, and it is possible to enforce the law.
