Presentation on sales tax

Welcome To

PresentationSales Tax

Presenter

Rajkumar Victor Halder

Mrs. Nasrin Akhter

Thanks for the Opportunity

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What is tax?

A compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.


Classification Of Taxes

Direct Tax

Indirect Tax

Basically, tax can be classified into two broad categories.

1

2


Direct Tax

Examples of direct taxes * Income Tax* Vehicle Tax* Expenditure Tax* property Tax* Interest Tax* Gift Tax etc.

A direct tax is a tax paid by a person on whom it is legally imposed. In direct tax, the person paying and bearing tax is the same. It is the tax on income and property


Indirect Tax

Examples of Indirect taxes * VAT*Entertainment Tax* Excise Duty* Sales Tax* Hotel Tax* Import And Export Duty etc.

An indirect tax is a tax imposed on one person but partly or wholly paid by another. In indirect tax, the person paying and bearing tax is different. It is the tax on consumption or expenditures

Sales Tax


What is Sales Tax?

The tax imposed on the sales price of taxable goods and services sold at retail.


Types of Sales TaxesRetail TransactionVendor Privilege Excise TaxConsumer excise taxes Seller or vendor privilege taxesExcise etc.


Bangladesh Sales Tax Rate

In Bangladesh, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. Revenues from the Sales Tax Rate are an important source of income for the government of Bangladesh. This page provides - Bangladesh Sales Tax Rate - actual values, historical data.Bangladesh Sales Tax Rate - was last refreshed on Tuesday, August 18, 2015.

The Sales Tax Rate in Bangladesh stands at 15 percentActual Previous Highest Lowest Dates Unit Frequency

15.00 15.00 15.00 15.00 2006 - 2014 percent Yearly



2011 2012 2013 2014 201505

101520

15 15 15 15 15


The Sales Tax Rate in Bangladesh stands at 15 percent. “2011-2015”


Sales Tax collection as revenue

2009--2013

2009-1010651.22

2010-1112375.81

2011-1213769.68

2012-1314846.84

2013-1415318.90

All amount are in core


Conclusion

In healthy economies, every people closely with government for tax. The Bangladesh Customs and Excise play an important role not only in helping businesses to understand the tax system and pay their taxes on time with the minimum of effort. The Bangladesh Revenue/Customs & Excise play a key role in helping new and existing businesses to create a more vibrant economy.

Economy & Finance

Presentation on sales tax