Taxation & VAT


Taxation & VAT


The firm has a diverse tax practice that includes advising on income tax, VAT and customs related issues arising from the domestic and international trade, compliance requirements for individuals and domestic and international entities carrying on business in Bangladesh, including in the not for profit sector, corporate re-organisation and other related corporate work. The law firm has extensive experience in judicial review of administrative decisions concerning, inter alia, assessment and payment of customs duty, VAT and income tax. services include challenging administrative decisions of the tax regulatory authorities arising from assessment of customs duty, VAT and income tax, the imposition of fines, seizure and confiscation of goods, classification of H.S. Code of the imported goods, cancellation of rebate, bond licence, etc. before statutory tribunals and the superior courts. The firm is distinguished from competitors for handling cross-border transactions. The proliferation of tax disputes, which often involve one or more jurisdictions, is where the legal team can bring clarity of focus. It is the strength of the firm’s tax team in offices and their relationships with local revenue authorities which has allowed clarity and transparency to solve disputes to the benefit of all parties. This same strength also allows the firm to build structures to take advantage of benign tax treatment in certain countries to produce innovative solutions for clients.