We have solid knowledge of and expertise on tax, VAT and customs matters. One of our members is a specialist on corporate and international taxation, with specific expertise on transfer pricing issues and tax treaties. Therefore, we are well placed to advise our clients on tax planning and strategies in cross border transactions. Recent work includes:
Advising a leading creative agency, in connection with a cross-border M&A, on the taxation aspect of the transaction.
Advising a trading company, in connection with an equity participation agreement, on capital gains tax issues in a share sale arrangement.
Advising a major international footwear company on restructuring of its VAT payment system in Bangladesh for its retail and wholesale outlets.
Advising a leading media company on the international taxation aspect of royalty payment in connection with its media planning services provided abroad.
Advised an international NGO on tax restructuring of its commercial operations.
Advised an international private equity fund on the tax effect of its portfolio investment in Bangladesh.
Advised a leading construction company on the tax effect of its BOT projects.
Advising a leading Pan-Asian law firm on the DTAA between Bangladesh and France.
Advising a leading pharmaceutical company on the tax effect of non-cash consideration for share subscription.
Advised a leading NGO (BRAC) on a substantial opinion dealing with payment of advance income tax (tax amount BDT 100 crore plus).
Advised a leading real estate developer of tax and VAT planning in connection with its flat sale contracts.
Advised ShoreCap (a leading international private equity fund) on its successful exit from the Bangladesh stock market with the most favourable tax result.
Advised an international hedge fund on the tax implication of its offshore fund formation structure.
Advising one of the Big-four accounting firms on various aspects on Bangladeshi corporate, tax and employment law.
Successfully represented Sajida Foundation, the leading urban micro-credit program in Bangladesh, before the Supreme Court of Bangladesh against the National Board of Revenue and Bangladesh Post Office in a case touching upon the inter-relation between the Post Office Savings account and in the Income Tax Ordinance, 1984 regarding taxability of interest accrued on a post office savings bank account. This is a seminal case on this point and reported in 31 BLD (HCD) 470.