Finance Bill 2026 would extend capital gains tax to apartments and other non-cash benefits allocated to landowners by developers.
The Bangladesh government has proposed imposing a 15% capital gains tax on apartments and other non-cash benefits received by landowners under property development agreements, according to the Finance Bill 2026 presented by Finance Minister Amir Khosru Mahmud Chowdhury.
Under the proposal, apartments received in exchange for land would be valued based on the official mouza value of the area. After deducting the land’s acquisition cost, the remaining amount would be treated as capital gains and taxed at 15%.
Currently, the tax applies only to signing money received by landowners, while apartments allocated under development agreements are exempt. National Board of Revenue officials said the measure is expected to broaden the tax base and generate additional revenue.
Industry representatives and tax experts have raised concerns that the change could encourage under-reporting of property values and increase costs in the housing market.
