inspire people to participate in tax system

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Inspire People to Participate in Tax System in Bangladesh Md Sarwar Morshed Bangladesh

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Post on 19-Feb-2017

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Page 1: Inspire people to participate in tax system

Inspire People to Participate in Tax System in Bangladesh

Md Sarwar MorshedBangladesh

Page 2: Inspire people to participate in tax system

What is the problem

• People in Bangladesh don’t eager to pay tax by themselves for several reasons-

Lack of awareness Weak tax administration Corruption Lack of confidence on public

expenditure by government Trend of evading tax by rich

Page 3: Inspire people to participate in tax system

What is the problem

• Government taking lots of steps like digitalization of tax system, iTIN, tax fair etc.

• Citi people are becoming aware and paying tax but town/rural’s able people are not interested yet

Page 4: Inspire people to participate in tax system

Proposed Financial Solution

• To inspire people of a town to pay tax-1. Firstly tax agency will assess how

much tax can be collected from that area

2. The development agencies prioritize one development project which is mostly need by that community like health complex, educational institute, road etc

Page 5: Inspire people to participate in tax system

Proposed Financial Solution

3. Government can assess the cost of development project to accomplish

4. If people of that town/community pay 90-95% of assumed total tax, then government with aid agency/private sector will fund the development project.

Page 6: Inspire people to participate in tax system

Proposed Financial Solution

• Assessed Tax tax paid Target Achieved

Government along with aid agency/ private sector will fund the development project

People Participation Infrastructure I in Tax System Development

Page 7: Inspire people to participate in tax system

Thank you all