Paying Taxes in Chittagong, Bangladesh

The table below addresses the taxes that a medium-size company must pay or withhold in a given year in Chittagong, Bangladesh, as well as measures of administrative burden in paying taxes.
Tax Payments (number) Time (hours)   Statutory tax rate Tax base Total tax rate (% profit)  
Value added tax (VAT) 12 240   15% value added 45.4 b)
Corporate income tax 1 160   37.5% taxable income 26.1  
Municipal tax (property tax) 1 - a) 10% rental value 10.8  
Capital gains tax 1 - a) 5% sale price 3.1  
Interest tax 1 - a) 10% interest income 0.3  
Vehicle tax 1 - a) fixed fee     c)
Totals: 17 400       40.3  

Notes:

a) data not collected
b) VAT is not included in the total tax rate because it is a tax levied on consumers
c) very small amount
d) included in other taxes
e) Withheld tax
f) electronic filling available
g) paid jointly with another tax

Name of taxes have been standardized. For instance income tax, profit tax, tax on company's income are all named corporate income tax in this table.

When there is more than one statutory tax rate, the one applicable to TaxpayerCo is reported.

The hours for VAT include all the VAT and sales taxes applicable

The hours for Social Security include all the hours for labor taxes in general