Tax uncertainty affects profitability of UK businesses in Bangladesh
Trade barrier summary
Bangladesh often brings ad-hoc changes in the tax rate to meet the government revenue targets. This makes it difficult for UK businesses to understand future tax liabilities, and affects their business planning and profitability. The lack of certainty in the tax policy also creates operational complexities to comply with the regulations.
Sectors affected
- All sectors
Resolved
No
Date reported
25 November 2020
Last updated
25 May 2023
Public ID
PID-B6LMDG
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