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Bangladesh - Other taxes and levies

Bangladesh - Other taxes and levies

Taxation of international executives.

1000

Related content

Social security tax

Are there social security/social insurance taxes in your country/jurisdiction? If so, what are the rates for employers and employees?

No.

Gift, wealth, estate, and/or inheritance tax

Are there any gift, wealth, estate, and/or inheritance taxes in your country/jurisdiction?

As discussed above.

Real estate tax

Are there real estate taxes in your country/jurisdiction?

No.

Sales/VAT tax

Are there sales and/or value-added taxes in your country/jurisdiction?

Yes.

Unemployment tax

Are there unemployment taxes in your country/jurisdiction?

No.

Other taxes

Are there additional taxes in your country/jurisdiction that may be relevant to the general assignee? For example, customs tax, excise tax, stamp tax, and so on.

No.

Local taxes

No.

Provincial Health Premiums

No.

Employer Health Tax

No.

Foreign Financial Assets

Is there a requirement to declare/report offshore assets (e.g. foreign financial accounts, securities) to the country/jurisdiction’s fiscal or banking authorities?

No.

Disclaimer

All information contained in this publication is summarized by KPMG Tax and Legal Advisers, the Bangladesh member firm affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity, based on the Income Tax Ordinance 1984 as amended up to the Finance Act 2019 and major changes brought in by the Finance Act 2019 in respect of the Value Added Tax and Supplementary Duty Act 2012 and Rules 2016, Web site http://nbr.gov.bd. The provisions of the laws relied on or referred to are subject to change occasioned by future legislative amendments and court decisions.

Copyright

© 2020 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.

Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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