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Bangladesh: VAT measures introduce new concepts

Bangladesh: VAT measures introduce new concepts

New value added tax (VAT) measures were effective 1 July 2019. The new VAT rules introduce certain new concepts and aim to modernize the VAT system.

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The new VAT measures reflect changes with regard to the application of the VAT regime as well as other provisions concerning VAT payments and VAT compliance rules.
 

Read a September 2019 report prepared by the KPMG member firm in Bangladesh

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