Section 91 - Deduction from Payment for Intangible Property
A person responsible for payment of royalty, franchise or license, trademark, patent, copyright, industrial design, plant variety, geographical indication product Or any other property related to intellectual property or immaterial or abstract or intangible matter; tax shall be deducted at the rate mentioned In the table below at the time of such payment or credit, namely:-
Table
Description of Repayment | Tax Deduction Rate |
(1) | (2) |
If the base price does not exceed TK. 25 (twenty five) lakhs | 10% ( ten percent ) |
If the basic price exceeds TK. 25 (twenty five ) lakhs | 12% ( twelve percent ) |
Note: This is unofficial English translation. In the event of a conflict between the information on this website and the original Government publications or notifications of laws, rules, regulations, and SROs, the Government publications or notifications shall prevail. Moreover, as per Section 345(2) of the Income Tax Act 2023, if there is a conflict between the English and Bengali text, the Bengali text shall prevail.