Dhaka, Prague sign deal to avoid double taxation
Bangladesh and the Czech Republic have signed a double taxation avoidance agreement (DTAA) in a bid to strengthen bilateral trade and investment ties between the two countries.
National Board of Revenue (NBR) chairman Md Mosharraf Hossain Bhuiyan and Czech deputy prime minister and finance minister Alena Schillerova inked the agreement on behalf of their respective sides at a function at the finance ministry in the Czech capital of Prague on Wednesday, said a message received in Dhaka on Thursday.
Two Czech deputy ministers and high officials of the ministry concerned were present at the signing.
NBR member Arifa Shahana, Bangladesh embassy in Berlin commercial councillor Md Saiful Islam, first secretary Asma Dina Gani and foreign ministry director Shahriar Mosharraf from the Bangladeshi side attended the programme.
Later, Md Mosharraf Hossain Bhuiyan, also senior secretary of the Internal Resources Division (IRD), at a bilateral meeting highlighted the details of the development that has taken place in Bangladesh under the leadership of prime minister Sheikh Hasina.
This is the 36th treaty Bangladesh has signed to enhance bilateral cooperation and boost investment.