FAQ , Taxation

What is the accounting period for income tax in Bangladesh?

Oct 12, 2021

Taxpayers maintain accounting year (income year) from Jul. 1 to Jun. 30 each year. However, foreign companies and those with significant foreign equities are allowed to have different accounting year. Companies have to submit tax return before next Jan. 15 (for accounting year ending Jun. 30) or Jul. 15 (for accounting year ending Dec. 31).