Publication

This brief talks about money laundering as well as tax avoidance and evasion in Bangladesh. According to the brief, the country has significant quantities of undeclared earnings that are difficult or impossible to capture. To deal with this problem, Bangladesh has offered amnesties which enable such 'black’ money to be declared. However, legislation that enables these amnesties also facilitates money laundering. Therefore, the author argues that Bangladesh should add tax evasion to its anti-money laundering legislation and abolish tax amnesties.