On 27 February 2017, the cabinet of Bangladesh authorized the signing of a Double Taxation Agreement (DTA) with Bhutan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Related Posts
Bangladesh extends individual tax return deadline to 31 December 2024
Bangladesh tax authority, National Board of Revenue (NBR), announced in a circular on 17 November 2024 that it has extended the income tax return filing deadline for individual taxpayers by one month for the financial year 2023-24 (assessment year
Read MoreBangladesh: Central Bank cuts fees for online income tax payments
Bangladesh’s central bank, Bangladesh Bank, has announced in Circular No.9 dated 13 November 2024, that it has reduced the fees associated with income tax payments made via internet banking, debits or credit cards, and mobile financial services
Read MoreBangladesh: NBR lowers capital gains tax rate
The National Board of Revenue (NBR) issued a notification outlining amendments to the capital gains tax provisions under the Income Tax Act 2023 (ITA 12), lowering the rate to 15% for gains above BDT 5 million, on 4 November 2024 Capital gains
Read MoreBangladesh: NBR to conduct first transfer pricing audit to tackle tax evasion
Bangladesh tax authority National Board of Revenue (NBR) announced that it will conduct its first transfer pricing audit of multinational companies (MNCs) operating in the country. Bangladesh first introduced transfer pricing provisions in the
Read MoreBangladesh considers phasing out non-refundable minimum tax
The National Board of Revenue (NBR) in Bangladesh is planning to phase out its non-refundable minimum tax system according to local sources, a move aimed at aligning with global tax standards and encouraging investor confidence. The NBR plans to
Read MoreBangladesh, Uganda to negotiate income tax treaty
Representatives from Bangladesh and Uganda met to discuss bilateral cooperation and the need for an income tax treaty on Thursday, 17 October 2024. Joyce Kakuramatsi Kikafunda, the Non-Resident High Commissioner of Uganda to Bangladesh, made a
Read More