Tag: FOREIGN INVESTORS CHAMBER OF COMMERCE AND INDUSTRY

The Impact of Minimum Tax on Company Capital in Bangladesh

Dec 4, 2024

—

by

Oliver Henderson

in general invests

Entrepreneurs in Bangladesh are facing financial strain due to rigid minimum tax policies that do not consider profitability, exacerbated by political instability since July. The minimum tax ranges from 0.6% to 5% of turnover, with an additional 1% on export values. This has led to increased effective tax rates, burdensome financial impacts on companies, and…