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Update - Tax Treaty between Bahrain and Bangladesh

04 January 2016

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Treaty Development

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Bahrain-Bangladesh

The income tax treaty between Bahrain and Bangladesh was signed 22 December 2015. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Bahrain income tax and Bangladesh income tax. Withholding Tax Rates Dividends - 10% if the beneficial owner is a company directly holding at least 10% of the paying company's capital; otherwise 15% Interest - 10% Royalties - 10% Capital Gains The following capital gains derived by a resident of one Contracting State may be taxed by the other State: Gains from the alienation of immovable property situated in the other...