Bangladesh Withholding tax rates
Bangladesh Withholding tax rates: no single figure applies. The reason is set out below, cited to the governing instrument. Last checked against the official source on 10 Aug 2026.
The tax Bangladesh deducts at source from payments to non-residents under section 119 of the Income Tax Act 2023 (আয়কর আইন, ২০২৩), which obliges the payer to deduct tax on any payment taxable to a non-resident at rates specified in the section's schedule, capped at 30% - dividends, interest, royalties and technical/professional fees mostly at 20%. Administered by the National Board of Revenue (NBR).
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| Current value | structured — see the API |
|---|---|
| In force from | 2023-06-22 |
| Official source | Income Tax Act 2023, section 119(1): 'the specified person or any other person responsible for making any payment to a non-resident which is taxable to the non-resident under this Act, shall, at the time of such payment... deduct or collect tax on the amount payable, not exceeding 30% (thirty per cent), as specified' - with the per-type schedule (dividend 20%/30%, interest 20%, royalty 20%, technical services 20%); Bengali original at NBR |
| Last verified | 2026-08-10 |
| Verification | secondary — Corroborated, but the primary instrument was NOT read (usually the publishing host blocks automated access). The operative charging words of s.119(1) are quoted from an English rendering of the Act, but the per-payment-type rate table (the s.119 schedule / 'Annexure 3' in NBR withholding guides) could not be quoted verbatim from the Bengali statute during this pass; the 20%/30% figures are taken from practitioner TDS charts for FY 2025-26 that reproduce the s.119 table. Treat the individual percentages as secondary until the Bengali table rows are quoted with translation. |
| Provenance | source fingerprint |
What this value means
THERE IS NO SINGLE WITHHOLDING TAX RATE, WHICH IS WHY value IS NULL. Section 119 sets a per-payment-type schedule (mostly 20%, with 30% for dividends to non-corporate recipients and 10% for a few non-individual service categories) under a 30% statutory ceiling; a caller wanting a number must name which payment type and read withholding_rates rather than expecting a headline figure. ALL RATES ARE DOMESTIC STATUTORY RATES, BEFORE TREATY RELIEF. A double-tax agreement can reduce them, but s.119(2) makes relief a certificate procedure: the NBR Board, on application, may certify that the non-resident 'shall not pay any tax or shall pay tax at a reduced rate in Bangladesh' - without that certificate the payer withholds at the full domestic rate. We do NOT serve treaty rates: they are bilateral, run to thousands of country pairs, and applying one is a legal determination rather than a lookup. The Income Tax Act 2023 (Act No. 12 of 2023) commenced 22 June 2023, replacing the Income-tax Ordinance 1984 (whose s.56 held the equivalent table). Withholding under s.119 is generally treated as a minimum/final tax for the non-resident.
Get it programmatically
curl https://asiaref.dev/v1/bd/withholding-tax
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://asiaref.dev/v1/bd/withholding-tax/history?from=2020-01-01
# Provenance: curl https://asiaref.dev/provenance/bd/withholding-taxOther Bangladesh series: Policy Rate (Repo) · Value Added Tax (standard rate) · VAT registration threshold · Minimum Wage · Public Holidays · Consumer Price Inflation · Corporate Income Tax (standard rate) · Statutory late-payment interest · Personal Income Tax (progressive bands) · Statutory social-insurance contributions
The same figure elsewhere: China · Hong Kong · India · Indonesia · Iraq · all 28