1. Black Money Whitening Law: A Study From Bangladesh
- Author:
- Attiya Waris and Abdul Latif
- Publication Date:
- 09-2013
- Content Type:
- Special Report
- Institution:
- Norwegian Institute of International Affairs
- Abstract:
- Tax avoidance and evasion are deeply entrenched in Bangladesh, where 37% of GDP comes from ‘black money’. In this country of massive tax evasion, black money is not seen as tax evasion. Instead, tax amnesties are offered to whiten black money in an attempt to raise funds that revenue collectors would otherwise have found difficult or impossible to capture. The evidence on which this policy brief builds was obtained through field research, interviews in particular.
- Topic:
- Economics, Tax Systems, Money, and Revenue Management
- Political Geography:
- Bangladesh and South Asia