লভ্যাংশ হইতে কর কর্তন

When any company registered in Bangladesh or the chief executive officer of any other company pays any dividend to a shareholder or unit holder, in the case of a resident or non-resident Bangladeshi, tax shall be deducted from the said dividend as follows:

(a) If the shareholder or unit holder is a company, at the rate applicable to the company;

(b) If the shareholder or unit holder is an individual other than a company, tax shall be deducted at the rate of 10% (ten percent) if the individual receiving such dividend holds a Taxpayer Identification Number (TIN), or at the rate of 15% (fifteen percent) if the individual receiving such dividend does not hold a Taxpayer Identification Number (TIN):

Provided that the provisions of this section shall not apply to the distribution of tax dividends by any company if such tax dividends are exempt from tax under clause 32 of Part 1 of the Sixth Schedule.

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