The income tax treaty between Bangladesh and the Maldives was signed on 23 December 2021. The treaty is the first of its kind between the two countries.
Taxes Covered
The treaty covers Bangladesh income tax, including any surcharge on income or income tax, and covers Maldives income tax.
Service PE
The treaty includes the provision that a permanent establishment will be deemed constituted if an enterprise furnishes services in a Contracting State through employees or other engaged perso…