The Bangladeshi government is reportedly in consideration of ending a decade-long tax break programme for investors of new physical infrastructure projects.
This potential policy shift comes as the National Board of Revenue (NBR) prioritises boosting tax collection to meet revenue targets.
Previously, the NBR offered a 10-year tax holiday for investors in projects like deep-sea ports, expressways, and renewable energy facilities. The programme successfully attracted private investment and helped address Bangladesh’s infrastructure needs.
However, with pressure mounting to improve tax collection and meet loan conditions set by the International Monetary Fund (IMF), the NBR is re-evaluating its tax break strategy. This potential change could be the first of many as the NBR looks to streamline tax exemptions across different sectors.
