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The National Board of Revenue (NBR) is the central authority for tax administration in Bangladesh. Administratively, it is the attached department to the Internal Resources Division (IRD) of the Ministry of Finance (MoF).
23.6% (for employees earning more than 25,200€ per year in 2024: includes 20% flat income tax + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer and taxes on dividends
The 2021 National budget of Bangladesh was presented by the Minister of Finance Mustafa Kamal on 3 June 2021. The National budget is for the fiscal year beginning on 1 July 2021, and ending on 30 June 2022. The budget was the second to be presented amid the Coronavirus pandemic. [1]
There is also a dividend allowance of £2,000 per year, which means that dividends up to £2,000 are tax-free. Canada: Dividends in Canada are taxed at a rate of 50% for non-residents, and 15% for residents. There is also a dividend tax credit that can be used to reduce the amount of tax that is owed on dividends.
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The 2022 National budget of Bangladesh was presented by Minister of Finance AHM Mustafa Kamal on 9 June 2022. The budget is for the fiscal year beginning on 1 July 2022, and ending on 30 June 2023. The budget was the 14th presented by the Awami League -led Grand Alliance of Prime Minister Sheikh Hasina since returning to office in 2009.
The U.S. requires payers of dividends, interest, and other "reportable payments" to individuals to withhold tax on such payments in certain circumstances. [7] Australia requires payers of interest, dividends and other payments to withhold an amount when the payee does not provide a tax file number or Australian Business Number to the payer.
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