As previously reported, the Bangladesh Budget Speech for 2022-2023 was delivered by Finance Minister Mustafa Kamal in June 2022 and the budget measures were subsequently approved in Parliament in the Finance Act 2022. The main tax measures approved include the following:
- Corporate tax rate changes for certain company/entity types, with the condition that all receipts and income and all expenses and investments over BDT 3.6 million per annum must be transacted through bank transfers (over BD…