corporate tax
Govt may lower corporate tax to encourage compliance
The National Board of Revenue will likely propose reducing the tax on corporate profits by 2.5 percentage points for both listed and non-listed companies.
Widen corporate tax gap between listed, non-listed firms
Stock market intermediaries yesterday urged the government to widen the corporate tax rate gap between listed and non-listed companies to encourage more companies to go public.
Corporate tax rates remain unchanged for all
The government wants to keep the corporate tax rates unchanged for all sectors for the fiscal year 2023-24, said Finance Minister AHM Mustafa Kamal today.
‘High corporate tax for banks, insurers, telcos illogical’
High corporate taxes on banks, non-bank financial institutions, merchant banks, insurance companies and telecommunication companies are not logical as their profit is not high compared to capital, said Shahidul Islam, chief executive officer of VIPB Asset Management Company.
How do corporate tax burdens vary with firm size? and why that matters?
Corporate income tax is an important source of government revenue, especially in low and middle-income countries. However, effective tax rates are often far below statutory rates due to generous tax incentives provided to attract investments. These incentives include tax credits, income exemptions, and reduced rates.
Firms prefer to remain non-listed despite tax benefit
Although the corporate tax levied on listed firms is lower than that of their non-listed counterparts, many companies in Bangladesh lack interest in joining the stock market as they want to avoid the obligation of ensuring good corporate governance, regularly disclosing financial information and complying with other rules.
Bring corporate tax down to 10-15% for newspapers: Editors to finance minister
Editors yesterday urged the government to bring down the corporate tax for newspapers to 10-15 per cent from the fiscal year of 2022-23 to help the print media survive amid rising costs.
Govt may lower corporate tax to encourage compliance
The National Board of Revenue will likely propose reducing the tax on corporate profits by 2.5 percentage points for both listed and non-listed companies.
Widen corporate tax gap between listed, non-listed firms
Stock market intermediaries yesterday urged the government to widen the corporate tax rate gap between listed and non-listed companies to encourage more companies to go public.
Corporate tax rates remain unchanged for all
The government wants to keep the corporate tax rates unchanged for all sectors for the fiscal year 2023-24, said Finance Minister AHM Mustafa Kamal today.
‘High corporate tax for banks, insurers, telcos illogical’
High corporate taxes on banks, non-bank financial institutions, merchant banks, insurance companies and telecommunication companies are not logical as their profit is not high compared to capital, said Shahidul Islam, chief executive officer of VIPB Asset Management Company.
How do corporate tax burdens vary with firm size? and why that matters?
Corporate income tax is an important source of government revenue, especially in low and middle-income countries. However, effective tax rates are often far below statutory rates due to generous tax incentives provided to attract investments. These incentives include tax credits, income exemptions, and reduced rates.
Firms prefer to remain non-listed despite tax benefit
Although the corporate tax levied on listed firms is lower than that of their non-listed counterparts, many companies in Bangladesh lack interest in joining the stock market as they want to avoid the obligation of ensuring good corporate governance, regularly disclosing financial information and complying with other rules.
Bring corporate tax down to 10-15% for newspapers: Editors to finance minister
Editors yesterday urged the government to bring down the corporate tax for newspapers to 10-15 per cent from the fiscal year of 2022-23 to help the print media survive amid rising costs.