Anti-Corruption Commission has requested National Board of Revenue to enter into an agreement with the commission on sharing information related to tax of individuals during its inquiry and investigation into charges of accumulation of illegal wealth.
The corruption watchdog has recently also provided a draft of the proposed memorandum of understanding to the revenue board seeking its opinion and decision.
Under the proposed MoU, major areas of cooperation will be information sharing, providing trainings and giving expert opinion on prevention of corruption and exchange of experiences to enhance skills of both sides.
In a letter sent to NBR chairman on December 12, ACC secretary Md Shamsul Arefin said that they needed to scrutinise tax related data provided in the income tax returns and other documents during both inquiry and investigation into the allegations of wealth accretion from unknown sources against individuals.
Both ACC and NBR need to reach an agreement on providing information of the income tax returns and other related documents of the alleged individual so that ACC officials can scutinise the authenticity of information provided to the commission regarding the alleged individual, he said.
Under the proposed MoU, the revenue board will also need to appoint a focal point officer for furnishing the required information and documents, ACC officials said.
They said that inquiry and investigation officers of ACC often needed various tax-related information and documents such as tax payment challan and tax returns to crosscheck the accuracy of wealth information of the alleged individuals.
According to the draft MoU prepared by ACC, all the laws related to income tax, customs and value-added tax of NBR will come under the purview of the MoU.
Both sides will provide the required information rationally as early as possible, it says.
One side can also share information spontaneously beyond requisition of the other side.
The information-seeking side will have to describe details of allegations of corruption and the purpose of seeking information in requisition letter.
The information-providing authorities will have to inform the reasons in writing if it cannot share the required data.
Sharing the data with a third party without consent of data providing authorities will be prohibited, the draft says.
Data user will periodically evaluate the effectiveness of received data in inquiry, investigation and trials, and share the outcome of the evaluation at a joint meeting.
Both the sides will hold meeting every three months to fulfill the purpose of the MoU.
Officials of the revenue board said that income tax wing of NBR on January 22 sought opinion from its high officials on the proposed MoU.
Top officials of the revenue board were asked to give their opinion by mid-February, they said.
The revenue board will decide on the proposal after scrutinising the feedback of its high officials, they added.
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