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Bangladesh: Overview of recent direct and indirect tax developments

Reduced tax rates for asset management companies and exporters

March 15, 2024

The KPMG member firm in Bangladesh prepared a May 2024 report providing an overview of recent tax-related developments in Bangladesh, including:

  • Reduced tax rates for asset management companies from 27.5%-30% to 15%
  • Reduced tax rates for exporters only available for exporters of goods (read a dedicated May 2024 report prepared by the KPMG member firm in Bangladesh)
  • Exemption for interest income earned from offshore banking units (read a dedicated May 2024 report prepared by the KPMG member firm in Bangladesh)

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