A fresh investigation by the National Board of Revenue (NBR) has revealed that owners of more than 1,300 luxury cars, including high-end brands like BMW, Mercedes, Porsche and Rolls-Royce, concealed information about the vehicles in their tax files to evade tax.
The National Board of Revenue (NBR) has uncovered tax evasion amounting to nearly Tk 6,250 crore since September 2024, according to a statement issued yesterday.
A businessman has brought Tk 730 crore under the guise of remittances from abroad and claimed a tax break, creating suspicions of tax evasion among officials of the National Board of Revenue (NBR).
The National Board of Revenue has alleged that two entities under Summit Group failed to deduct taxes at source on dividend payments, resulting in about Tk 1,112 crore in unpaid taxes.
G20's historic move on taxing the super-rich could shift global economic power.
At least six tax officials, including the then tax commissioner, were involved in extending undue favour to two sons of controversial businessman Mohammed Saiful Alam to legalise undisclosed money worth Tk 500 crore, an investigation by the tax intelligence has found.
Ashraful Alam and Asadul Alam Mahir, two sons of controversial businessman Mohammed Saiful Alam, deprived the state of Tk 75 crore in taxes by legalising Tk 500 crore in undisclosed income, documents obtained by The Daily Star have revealed.
Recover bad loans, punish those who exploited the sector
Bank defaulters or tax evaders receive a number of amnesty and benefits for whitening black money.
Ashraful Alam and Asadul Alam Mahir, two sons of controversial businessman Mohammed Saiful Alam, deprived the state of Tk 75 crore in taxes by legalising Tk 500 crore in undisclosed income, documents obtained by The Daily Star have revealed.
Recover bad loans, punish those who exploited the sector
Bank defaulters or tax evaders receive a number of amnesty and benefits for whitening black money.
A Brazilian court has suspended a $3 million fine imposed on soccer star Neymar last year for building a lake at his mansion on the outskirts of Rio de Janeiro without an environmental license.
Spanish prosecutors on Wednesday called for Real Madrid coach Carlo Ancelotti to be jailed for four years and nine months for allegedly failing to declare earnings to the tax office.
BFIU must be empowered to do more to prevent money laundering
Bangladesh must embrace change for a sustainable development
Italy's highest court cleared the late Agentine soccer legend Diego Maradona of tax evasion charges, ending a 30-year-long legal battle between the ex-Napoli striker and revenue authorities.
BBS survey reveals alarming picture of wealth concentration by the rich
Governments that score low in corruption indexes are more prone to use force and violence to control and suppress dissensions and protests.
