A query
Those involved in the real estate sector of Bangladesh are aware that there are arrangements for land development by developers on a 40:60 or 50:50 sharing basis and landowners have to bear no construction costs for their share of apartments. It would be highly appreciated if a clarification is given on how to update the tax-file of a landowner after the land is completely developed and ready apartments are handed over to the landowner, and whether the landowner is required to pay any taxes.
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