Exemption from payment of tax on interest or profit received by a depositor or a non-resident lender in Bangladesh from an offshore banking unit operated under the Offshore Banking Act, 2024 (Act No. 02 of 2024)

SRO No. 100-AIN/Income Tax-29/2024
The National Board of Revenue exempts interest or profits from offshore banking units in Bangladesh, received by depositors or non-resident lenders, from tax under the Income-tax Act, 2023 (Act No. 12 of 2023) and the Offshore Banking Act, 2024 (Act No. 02 of 2024). This will be effective immediately.