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National Assembly Passes the Agreement between the Royal Government of Bhutan and the Government of the People’s Republic of Bangladesh for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income.

Posted on :20 November 2017

 

The  38 National Assembly members present and voting  unanimously passed the Agreement between the Royal Government of Bhutan and the Government of the People’s Republic of Bangladesh for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income today.

 

The Agreement will benefit both the countries in curbing tax evasion, encourage investors and promote businesses in Bhutan, avoid double taxation of income for individuals and benefit the airlines business as  well.

 

The Agreement will be transmitted to the National Council as per Article 13, Section 5 of the Constitution of the Kingdom of Bhutan.

 

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