If you remember, just last year, government introduced the City Corporation Ideal Tax Schedule 2015. However, within a year, government is introducing a new Tax Schedule repealing the last one.
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has been actively lobbying for lowering the tax rates fixed by the Schedule of 2015.
The amount of tax has changed slightly. In most cases, the amount of tax become less, however, it certain areas, government increased the tax.
This Tax Schedule would be applicable to the City Corporations of the Country.
The Tax Schedule contains fees for Trade License for the businesses established within the jurisdiction of a City Corporation. Thus, all the businesses within the area of a City Corporation will be affected by this Schedule.
Download: City Corporation Ideal Tax Schedule 2016