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Global Trade Alert

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Bangladesh: Tax rate reduced for all exporters

Description

On 1 June 2022, Bangladesh's National Board of Revenue through SRO No. 158-Law/Income Tax/2022 reduced the corporate tax for all export-oriented sectors from 30% to 12%. The tax rate will be 10% in ca...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Jul 2022

Revocation date

30 Jun 2028

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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