Uk Bangladesh Double Taxation Agreement

Dez 19, 2020 von

(a) that the provisions of the Convention on this decision were adopted with the Government of the People`s Republic of Bangladesh to allow for an exemption from double taxation on income tax, corporation tax or capital gains tax and taxes, of a similar nature, imposed by Bangladeshi laws; SECTION 25.-1. The competent authorities of the contracting states exchange the information necessary for the application of this Convention and the national legislation of the contracting states relating to taxes governed by this Convention, as long as the imposition of this regulation is in accordance with this Convention. All the information thus exchanged is treated as secret and can only be disclosed to other persons or authorities if the taxes that are the subject of the agreement are respected or collected. 4. The competent authorities of the contracting states may communicate directly with each other in order to reach an agreement in accordance with the preceding paragraphs. If income is still taxable in both countries, double taxation must be granted by the taxpayer`s country of residence. The UK tax credit payable in Bangladesh is the tax credit saved by tax, which, according to certain provisions of the law, is spared by Bangladesh. 3. In the first contracting state, companies of a contracting state whose capital is directly or indirectly owned by one or more residents of the other contracting state or which are under the control of another contracting state are not subject, in the first contracting state, to a tax or related requirement that is something other or more burdensome than the taxation and related requirements to which other similar enterprises of that first state are or may be subject. We can provide current and historical tax rates, comparison tables and country surveys through our specialized tax databases. We have current key summaries and detailed analysis of the tax system in countries around the world on corporate taxation, individual taxation, business and investment. The text of the tax treaty is in the (3) of the term „dividend“ used in this article, i.e. share income, or other rights other than receivables that contribute to profits, as well as income from the rights of corporations related to the tax legislation of the state of which the resident corporation is the resident company, and which also include all other elements (other than tax-exempt interest under section 11 of this agreement) that are treated as a dividend or a corporation under the law of the contracting State.

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