Data from a research report shows that foreign employees working in different sectors in Bangladesh remit around Tk26,400 crore through illegal means, evading government tax worth about Tk12,000 crore every year.
Transparency International Bangladesh (TIB) revealed the information unveiling a research report at a press conference in Dhaka on Wednesday.
TIB Executive Director Dr Iftekharuzzaman spoke at the program, and Program Manager (research and policy division) Manzur-E-Khuda presented the research report.
According to the research report, as many as 250,000 foreign nationals are working in the country and they earn $4.5 billion per annum.
Of the total foreign workers, 90,000 are legally employed.
As per the research findings, a foreign worker earns a minimum amount of US$1,500 a month on average.
To avoid paying taxes, most of the workers send their earnings through illegal channels and, as per the findings, they send approximately Tk26,400 crore a year. As a result, the government loses about Tk12,000 crores in revenue.
As per the law, foreign employees have to pay 30% income tax on their earnings.
