Bangladesh

{"ftc_utility":"medium","fbar_trigger_notes":"Expats working in Bangladesh typically maintain local BDT bank accounts for salary receipt and daily expenses. If aggregate balances across all foreign accounts (including Bangladeshi accounts) exceed USD 10,000 at any point during the calendar year, FBAR filing is required. Local bank accounts at major banks such as Dutch-Bangla, BRAC Bank, or Standard Chartered Bangladesh are commonly used.","ftc_utility_reason":"Bangladesh taxes resident individuals on worldwide income at rates up to 25%. US expats who do not claim the FEIE may use the Foreign Tax Credit to offset US tax liability with Bangladeshi income tax paid. However, Bangladesh effective rates on modest expat incomes may be lower than US rates, leaving a residual US tax liability. The absence of a US-Bangladesh tax treaty means no treaty-based FTC provisions apply, and credits must rely solely on IRC Section 901 unilateral relief.","presence_day_count_notes":"Bangladesh does not restrict entry or presence for most foreigners through short-term visa arrangements that would complicate the 330-day physical presence test. Work permit and visa requirements apply for employment, but physical presence for FEIE purposes is counted by days actually within Bangladesh regardless of visa type. Expats working legally here typically hold employment visas valid 1-2 years and renewable, which does not impede 330-day accumulation.","typical_qualifying_method":"either","housing_exclusion_available":true,"physical_presence_test_applies":true,"estimated_housing_exclusion_usd":8400,"local_tax_rate_on_earned_income":0.25,"bona_fide_residence_test_applies":true}

{"pension_income":{"notes":"Foreign pension income received by Bangladesh tax residents is included in worldwide assessable income and taxed at progressive rates up to 25%. Government pension income paid by Bangladesh is exempt for Bangladeshi government employees, but this exemption does not extend to foreign government or private pensions.","tax_rate":0.25,"locally_taxed":true},"social_security":{"notes":"No totalization agreement or tax treaty exists between Bangladesh and the United States. US Social Security benefits received by a Bangladesh tax resident would be treated as foreign-source pension income and included in taxable income at progressive rates up to 25%.","locally_taxed":true,"treaty_protection":false},"roth_distributions":{"notes":"No US-Bangladesh tax treaty exists. Roth IRA distributions, while tax-free in the US, are not automatically exempt in Bangladesh. A Bangladesh-resident recipient would potentially include these in assessable income. The character of Roth distributions as return of after-tax contributions is not recognized under Bangladesh domestic law.","locally_taxed":true},"us_401k_ira_distributions":{"notes":"Bangladesh and the United States do not have an income tax treaty. US 401(k) and IRA distributions received by a Bangladesh tax resident are treated as foreign-source income. Bangladesh taxes residents on worldwide income, so these distributions would be included in assessable income and taxed at progressive rates up to 25%. No treaty protection exists to reduce or eliminate this tax.","tax_rate":0.25,"locally_taxed":true,"treaty_protection":false}}

{"rate":0.15,"notes":"Capital gains in Bangladesh are generally taxed separately from ordinary income. Listed securities gains face a flat 15% tax for individuals, while gains on unlisted securities and other assets may be taxed as ordinary income at progressive rates up to 25%.","details":{"tax_type":"Capital Gains Tax","country_name":"Bangladesh","country_iso_code":"BGD","source_references":["PwC Worldwide Tax Summaries - Bangladesh","National Board of Revenue Bangladesh (NBR)"],"last_verified_date":"2026-06-03","general_description":"Bangladesh does not have a standalone capital gains tax act. Gains on listed securities are subject to a separate 15% flat tax. Gains on unlisted shares and other capital assets are included in assessable income and taxed at progressive individual rates. Real property transfers are subject to separate stamp duty and registration fees rather than a capital gains regime.","corporate_capital_gains":{"rate":0.275,"tax_treatment":"Corporate capital gains are generally included in business income and taxed at the applicable corporate income tax rate, which ranges from 22.5% to 45% depending on company type. Listed companies face 22.5% standard CIT."},"individual_capital_gains":{"rate":0.15,"tax_treatment":"Gains from listed securities are taxed at 15% flat. Gains from unlisted securities and other capital assets are taxed as ordinary income at progressive rates up to 25%. Transfers of immovable property are subject to stamp duty at registration rather than an income-based capital gains charge."}}}

{"notes":"Dividends paid by Bangladeshi companies to resident individuals are subject to a 10% withholding tax, which is treated as final settlement for dividends up to BDT 50,000 per year. Above that threshold, dividends are included in total income and taxed at progressive rates with the WHT credited. Non-residents receive dividends subject to 20% withholding tax, which is generally a final tax for non-residents. Tax treaty rates may reduce withholding for qualifying non-residents.","rates":[{"rate":0.1,"type":"withholding","notes":"Resident individuals - 10% WHT; final tax if total dividends do not exceed BDT 50,000 in the year"},{"rate":0.2,"type":"withholding","notes":"Non-resident individuals - 20% WHT, generally final tax; treaty rates may apply"}]}