SAM

Published:
2019-12-12 12:56:46 BdST

Dhaka, Prague sign double taxation avoidance agreement


FT ONLINE

Bangladesh and the Czech Republic entered into a double taxation avoidance agreement (DTAA) on Wednesday with an eye to enhancing bilateral cooperation and boosting investment.

The deal was signed at the finance ministry in the Czech capital of Prague, according to a press statement.

Internal Resources Division senior secretary and National Board of Revenue (NBR) chairman Md Mosharraf Hossain Bhuiyan and Czech deputy prime minister and finance minister Alena Schillerova inked the agreement.

Wednesday’s deal is the 36th such treaty Bangladesh has so far signed with foreign countries.

Two deputy ministers of the Czech Republic and high officials of the ministry concerned were present at the DTA-signing ceremony.

NBR member Arifa Shahana, first secretary Asma Dina Gani and foreign ministry director Shahriar Mosharraf from Bangladesh side attended the programme.

Commercial councillor of Bangladesh in Barlin Syful Islam was also present there.

Later, Mr. Bhuiyan at a bilateral meeting gave details on the significant development of Bangladesh under the leadership of Prime Minister Sheikh Hasina.

He conveyed greetings of the PM and the finance minister to the Czech deputy PM and finance minister, the statement said.

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