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 a Contracting State through employees or other engaged personnel for the same or connected project for a period or periods aggregating more than 120 days. Limited Force of Attraction Provision Article 7 (Business Profits) includes a limited force...