–CORPORATE TAXES– This are taxes charge on profit of companies. The rate is specified by law

-PERSONAL INCOME TAXES-Taxes charged on income of individual.

–CAPITAL GAIN TAXES– taxes on gain of fixed asset disposed

–VAT

–WHT -RESIDENT AND NON RESIDENT

PERSONAL INCOME TAX RATE– Personal income tax is progressive in nature

TAXABLE INCOME-BDT

UPTO 300,000 -0PERCENT

300,001-400,000 -5 PERCENT

400,001-700,000-10 PERCENT

700,001-1,100,000- 15PERCENT

1,100,1001-1600,000-20PERCENT

OVER1,600,000 -25PERCENT

ALLOWABLE EXPENSES FOR INCOME TAX PURPOSE

This is specified by the law. The most common criteria is that the expenses must be incurred for business purpose and must be reasonable.

Disclaimer; we made effort to present tax information; however we disclaim all liability as a result of reliance on this article. Consult your professional