This statistic shows the total tax rate as a percentage of profits for medium sized businesses in Bangladesh from 2005 to 2018. In 2018, the tax rate for medium sized business in Bangladesh was approximately 33.4 percent of commercial profits, down from about 39 percent in 2005.
Total tax rate as a percentage of profits for medium sized businesses in Bangladesh from 2005 to 2018
As per the source, the total tax rate measures the amount of taxes payable by medium-size businesses after accounting for deductions and exemptions, expressed as a share of commercial profits. The taxes withheld (such as sales or value added tax or personal income tax) but not paid by the company are excluded. The total tax rate is designed to provide a comprehensive measure of the cost of all the taxes a business bears.
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World Bank. (April 23, 2019). Total tax rate as a percentage of profits for medium sized businesses in Bangladesh from 2005 to 2018 [Graph]. In Statista. Retrieved March 31, 2020, from https://www.statista.com/statistics/730754/bangladesh-total-tax-rate-for-medium-sized-businesses/
World Bank. "Total tax rate as a percentage of profits for medium sized businesses in Bangladesh from 2005 to 2018." Chart. April 23, 2019. Statista. Accessed March 31, 2020. https://www.statista.com/statistics/730754/bangladesh-total-tax-rate-for-medium-sized-businesses/
World Bank. (2019). Total tax rate as a percentage of profits for medium sized businesses in Bangladesh from 2005 to 2018. Statista. Statista Inc.. Accessed: March 31, 2020. https://www.statista.com/statistics/730754/bangladesh-total-tax-rate-for-medium-sized-businesses/
World Bank. "Total Tax Rate as a Percentage of Profits for Medium Sized Businesses in Bangladesh from 2005 to 2018." Statista, Statista Inc., 23 Apr 2019, https://www.statista.com/statistics/730754/bangladesh-total-tax-rate-for-medium-sized-businesses/
World Bank, Total tax rate as a percentage of profits for medium sized businesses in Bangladesh from 2005 to 2018 Statista, https://www.statista.com/statistics/730754/bangladesh-total-tax-rate-for-medium-sized-businesses/ (last visited March 31, 2020)
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