WHY AUTOMATION NEEDED IN TAX REVENUE COLLECTION?
In Bangladesh to increase Tax Revenue other than Non-Tax Revenue it needs to be automated and fully digitalized because it’s the fastest way of Assessment & Tax Collection. According to...
Double Taxation Avoidance Agreement (DTAA)
The Double Taxation Avoidance Agreement (DTAA) is a tax agreement signed between two (bilateral) or more (trilateral) countries for resolving the issues regarding the taxability of income and to help...
Resolving conflicts in Double Taxation
Double tax conventions are an established way for States to agree at the international level on a method for reducing or eliminating the risk of double taxation. Double taxation may...
The concept of international double taxation issues
Double taxation can take different forms and occur in different situations. Sometimes double taxation is being distinguished based on the number of taxpayers involved. Cases, where the same income is...
Critical analysis of ‘Source’ and ‘Residence’ concepts
Income itself does not have a geographical location. It is a quantity, calculated by adding and subtracting various other quantities in accordance with certain accounting rules. By long-standing convention, however,...
Tax Heaven & Tax Heaven Countries
Tax Heaven A country is usually an offshore country that gives foreign individuals and businesses little or no liabilities during a politically and economically static environment. Tax Heavens also share...