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NBR to cross-check wealth statements for detecting tax evasion

Wealth statements, furnished by taxpayers in their income tax and VAT returns, will be cross-checked from now on to detect possible tax evasion, according to a recent decision of the National Board of Revenue (NBR).

The NBR’s Income Tax and VAT wings will exchange taxpayers’ information between them to help audit tax files.

Source: thefinancialexpress.com.bd

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