FACTOID # 1: Don't start a company in Australia. More than 20% of the tax collected in Australia is corporate income tax.
 
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Asia > Bangladesh > Taxation

BANGLADESHI TAXATION STATS:   Top Stats   All Stats  
View this page with:    Just Stats   Sources   Definitions   Both  
Average time to clear customs > days 3 days ... [th of 39]
CPIA fiscal policy rating 27 ... [th of 75]
Customs and other import duties > % of tax revenue 8 % ... [th of 82]
Customs and other import duties > current LCU 16 current LCU ...
Net taxes on products > constant LCU 12 constant LCU ...
Net taxes on products > current LCU 14 current LCU ...
Net taxes on products > current US$ 51 $ ... [th of 159]
    (per capita) 119 $ per 1 million people ... [th of 174]
Other taxes > % of revenue 36 % ... [th of 91]
Other taxes > current LCU 16 current LCU ...
Tax payments > number 134 ... [th of 171]
    (per capita) 165 per 1 million people ... [th of 170]
Tax rates > % of managers surveyed ranking this as a major business constraint 5 % ... [th of 39]
Tax revenue > % of GDP 89 % ... [th of 98]
Tax revenue > current LCU 17 current LCU ...
Taxes on exports > current LCU 5 current LCU ...
Taxes on goods and services > % of revenue 61 % ... [th of 98]
Taxes on goods and services > % value added of industry and services 79 % ... [th of 89]
Taxes on goods and services > current LCU 17 current LCU ...
Taxes on income, profits and capital gains > % of revenue 71 % ... [th of 98]

... View all Taxation stats

SOURCES: Average time to clear customs is the number of days to clear an imported good through customs.; Fiscal policy assesses the short- and medium-term sustainability of fiscal policy (taking into account monetary and exchange rate policy and the sustainability of the public debt) and its impact on growth.; Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.; Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in constant local currency.; Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency.; Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.; Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars. Per capita figures expressed per 1 million population.; Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes.; Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.; Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent. Per capita figures expressed per 1 million population.; Tax rates as a major constraint measure the share of senior managers who ranked tax rates as a major or very severe constraint.; Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.; Taxes on exports are all levies on goods being transported out of the country or services being delivered to nonresidents by residents. Rebates on exported goods that are repayments of previously paid general consumption taxes, excise taxes, or import duties are deducted from the gross amounts receivable from these taxes, not from amounts receivable from export taxes.; Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.; Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

ALTERNATIVE NAMES: Bangladesh, People's Republic of Bangladesh

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