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What is the Vat Rate of Bangladesh?
Satatutory | Number of Countries | Percent |
20 + | 10 | 16.4 |
16 – 20 | 33 | 54.1 |
15 | 4 | 6.6 |
Less 15 | 4 | 6.6 |
Less 10 | 10 | 16.4 |
Total | 61 | 100 |
Vat Rates
- Bangladesh has set a consistent 15 percent VAT rate in order to maintain revenue neutrality and improve system efficiency through equal treatment.
- According to a study of VAT rates in 61 countries, the majority of countries charge VAT at rates higher than 15%, with 77 percent of the countries in the sample having basic VAT rates of 15% or above.