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July 20, 2011
Sophie Ashley - TPW
Bangladesh’s National Board of Revenue intends to check irregular transfers of funds in a bid to reduce the estimated $35 billion revenue loss attributed to transfer pricing.
A UN body recently published a report: Illicit Financial Flows from the Least Developed Countries and found that, between 1990 and 2008, the 48 poorest countries lost $197 billion, with Bangladesh topping the bill.
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