Business Desk :
Bangladesh and Nepal signed an agreement to avoid double taxation to strengthen its bilateral trade and investment.
The taxation would help the investors to escape the double taxation in both the countries for the same income.
National Board of Revenue (NBR) Chairman Md Mosharraf Hossain Bhuiyan and Nepalese Revenue Secretary Lal Shanker Ghimire inked the agreement on behalf of their respective sides in Kathmandu, said an NBR press release.
Different countries sign this bilateral agreement to avoid double taxation on the income of same person or organization or institution. Bangladesh has double taxation agreement with 35 countries.
