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Section : ৯১The person responsible for payment of royalty, franchise or license, trademark, patent, copyright, plant variety, geographical indication product or any other property relating to intellectual property or intangible or intangible matter shall deduct tax at the time of such payment or credit at the following rates, namely: -
Table
Payment Description | Tax deduction rate |
(1) | (2) |
If the amount of base price does not exceed 25 (twenty-five lakh taka) | 10% (ten percent) |
If the amount of base price exceeds 25 (twenty-five) lakh taka | 12% (twelve percent) |