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The tax system of Bangladesh includes several tax expenditure measures under the broad headings of
direct taxes and indirect taxes.
2.1 Tax Expenditure Measures under Direct Taxes3
Various tax expenditure measures exist for corporate and personal income taxpayers under the
existing income tax law. These are summarized below.
Exemptions are granted to local industrial units of a few specific sectors, viz. EPZ enterprises,
power generation companies, poultry and dairy farms, etc. Concessionary rates are applicable to
agro-processing, textile and leather industry, educational institutions, hospitals, privileged
persons, etc. Incentives are also given to those sectors, which are complying with the
international and bilateral agreements and conventions.