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Update - Tax Treaty between Bangladesh and Bhutan

|Treaty Development|Bangladesh-Bhutan
Bangladesh-Bhutan

The income tax treaty between Bangladesh and Bhutan was signed on 18 April 2017. The treaty is the first of its kind between the two countries.

Taxes Covered

The treaty covers Bangladesh income tax and Bhutanese income tax, including any surcharges.

Service PE

The treaty includes the provision that a permanent establishment will be deemed constituted if an enterprise furnishes services in…

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