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Lower tax rates for Bangladesh RMG exporters may not last longer: NBR

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Bangladesh’s National Board of Revenue has said the reduced corporate tax rates of 10-12 per cent being imposed on the RMG sector now may not last longer.
At a pre-budget meeting with stakeholders, it indicated a gradual return to the standard 27.5-per cent rate.
AmCham Bangladesh proposed rationalising the 1-per cent minimum tax on annual turnover and lowering tax rates for offshore banking units.Bangladesh’s National Board of Revenue has said the reduced corporate tax rates of 10-12 per cent being imposed on the RMG sector now may not last longer.
At a pre-budget meeting with stakeholders, it indicated a gradual return to the standard 27.5-per cent rate.
AmCham Bangladesh proposed rationalising the 1-per cent minimum tax on annual turnover and lowering tax rates for offshore banking units.