Corporate tax Corporate tax. Introduction Every company is required to obtain an e-TIN and register with the VAT authorities to receive distinctive numbers. Companies have…
Tax Clearance Certificate Every expatriate employed in Bangladesh is required to obtain a Tax Clearance Certificate from the concerned Deputy Commissioner of Taxes. This…
Taxable income Taxable income is the total income earned from all sources, excluding exempt income. The foreign source income of a resident is included…
Individual Personal income tax 9.16.1 Introduction In general, Bangladesh residents are taxed on their worldwide income. Non- residents are taxed on income earned in Bangladesh…
Methods of Accounting Section 35(3) of ITO 1984 requires every company as defined in the Companies Act 1913 or 1994 to submit trading account,…
Capital gains tax Capital gains tax on the sale of shares of listed companies Capital gain from the transfer of stocks and shares of public…
Reduced tax rates applicable to local authority 25% reduced tax rate will be applicable for following local bodies: WASA (Dhaka, Chattogram, Khulna and Rajshahi BREB…
Reduced rates of Corporate Tax Companies Rate Textile industries (time extended up to 30 June 2022) 15% Jute industries (time extended up to the assessment…
Corporate tax rates The rates of tax applicable to companies, banks, insurance and other financial institutions: Companies Rate Publicly traded companies i.e. companies listed with…
Tax rates applicable for owners of motor car and jeep Tax payable at the time of registration or renewal of fitness certificate for motor vehicles…