Tax Incentives and Investment Conditions
3.5 Capital gain tax
General
CAPITAL GAINS TAX RATE
% 15%
Capital gains tax other than sale of shares of listed companies:
-
Company - 15%
Others -15% or marginal tax rate based on the holding period
of the asset
Transfer of capital assets are
subject to capital gains tax in
Bangladesh
Transfer of shares of a non-resident
company might be subject to
capital gain tax in Bangladesh under
certain circumstances.
CAPITAL GAIN TAX RATES FOR LISTED SECURITY TRANSFERS
15%
Non-resident
shareholders
10%
5%
Resident firms, and Sponsor shareholders and
companies
shareholder directors of
financial institutions
5%
Shareholders with at least
10% shareholding
excluding sponsor
shareholders and
shareholder directors
0%
General individuals
KPMG
*Tax rates may vary due to specific conditions
EXEMPTION FOR NON-RESIDENTS
Non-resident shareholders are exempted from capital gain tax on their transfer of listed securities
of Bangladesh companies if they enjoy similar tax exemption in their resident countries
Recently, NBR published SRO No-. 156- ACT/Income Tax/2022, dated 1 June 2022, for the tax
implications on offshore indirect transfer of shares which provides exemptions on certain
transactions, given it fulfils certain outlined conditions.
© 2023 Rahman Rahman Huq and KPMG Advisory Services Limited are entities registered in Bangladesh, and member firms of the KPMG global organisation of independent member
firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. Printed in Bangladesh.
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