Bangladesh or Gambia: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Bangladesh and Gambia weigh about the same on the taxpayer.

Tax Bangladesh Gambia Gap
Corporate income tax headline rate 27.5% 27% +0.5 points
Personal income tax top bracket 0% to 30% 0% to 30% Same rate
VAT standard rate 15% 15% Same rate

Detailed schedules

Corporate income tax

Bangladesh

Unlisted company reduced to 25% if all transactions go through a bank 27.5%
Listed company stock market listing of at least 10% of capital 22.5%
Listed banks and insurance 37.5%
Unlisted banks and insurance 40%
Tobacco and mobile operators 45%
Private universities and schools 5%

Gambia

Net profit Tax due is the higher of the two calculations 27%
Revenue, audited accounts Due even if no profit 1%
Revenue, unaudited accounts 2%
See the Bangladesh page See the Gambia page