The newly-formed Bangladesh Financial Market Forum (BFMF) will seek a gap of 10 per cent between corporate taxes for listed and non-listed companies to encourage more companies to go public, officials have said.
The forum will place its proposal at a pre-budget meeting soon.
Presently, non-listed companies are to pay 35 per cent corporate tax whereas listed companies pay 27.5 per cent.
At the forum's first meeting attended by the representatives of six organisations on Thursday also decided to talk to the Bangladesh Bank (BB) about banks' limit of exposure to the capital market.
The representatives of Bangladesh Insurance Association (BIA), DSE Brokers Association of Bangladesh (DBAB), Bangladesh Association of Banks (BAB), among others, attended the meeting.
BIA president Sheikh Kabir Hossain said it was also decided that a general body of the BFMF would be formed by including at best three representatives from each organisation of the money market and capital market.
mufazzal.fe@gmail.com
New forum to seek 10pc gap in taxes for non-listed, listed cos
FE Report | Published: May 08, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
Share if you like