Bangladesh News

OECD Releases E-Commerce VAT Toolkit For Asia-Pac States
by Ulrika Lomas, Tax-News.com, Brussels
Monday, March 21, 2022
On March 10, the OECD released a new VAT Digital Toolkit for Asia-Pacific (APAC) nations. The toolkit is intended to support local tax authorities to better collect value-added tax on e-commerce activities. Read Full Story

Bangladesh Cracking Down On Tax-Evading Foreign Workers
by Mary Swire, Tax-News.com, Hong Kong
Monday, October 23, 2017
Bangladesh's National Board of Revenue is clamping down on foreign workers failing to declare their earnings in the country. Read Full Story

Flood-Hit Bangladesh Slashes Rice Import Duties
by Mary Swire, Tax-News.com, Hong Kong
Monday, August 21, 2017
Following further flash flooding, the Government of Bangladesh has announced that import duty on rice will be reduced to two percent. Read Full Story

Venture Capital Firms Seek Bangladeshi Tax Holidays
by Mary Swire, Tax-News.com, Hong Kong
Thursday, June 15, 2017
Venture capital and private equity firms in Bangladesh have called for corporate tax breaks to support investments in new businesses. Read Full Story

Bangladesh Confirms New VAT Law, Corporate Tax Cuts
by Mary Swire, Tax-News.com, Hong Kong
Friday, June 9, 2017
Bangladesh has announced corporate income tax cuts and the introduction of the new value-added tax law in its new Budget, released on June 1. Read Full Story

IMF Urges Bangladesh To Install New VAT Law From July
by Mary Swire, Tax-News.com, Hong Kong
Thursday, March 9, 2017
The International Monetary Fund has urged Bangladesh to proceed on schedule with the introduction of the new value-added tax law from July 2017. Read Full Story

UK Consumers Would Bear Brunt Of 'Hard Brexit'
by Jason Gorringe, Tax-News.com, London
Monday, October 10, 2016
The price of foreign goods sold to British consumers after the UK leaves the European Union could be as much as 27 percent higher as a result of new trade taxes, the British Retail Consortium has said. Read Full Story

Bangladesh's FM Confirms New VAT Regime From July 1
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, May 3, 2016
Bangladesh intends to proceed with introducing a uniform 15 percent rate of value-added tax from July 1. Read Full Story

Bangladesh Urged To Follow Through With VAT Implementation
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, February 3, 2016
Bangladesh needs to implement revenue-raising reforms, including following through with the introduction of the new value-added tax, to increase public investment in critical infrastructure and strengthen social safety nets. Read Full Story

Bangladesh Must See Through VAT Reform, IMF Says
by Mary Swire, Tax-News.com, Hong Kong
Friday, October 23, 2015
The International Monetary Fund has said that Bangladesh needs to urgently implement fiscal reforms to boost revenues. Read Full Story
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