Analysing the Behavior of the Interest Rate Spread in Bangladesh
15 jui. 2016 A lower IRS can help investment and growth via reducing lending rates. Thus this study has policy implications for economic growth in ...
Circuit Characterization of IRS to Control Beamforming Design for
11 déc. 2021 the IRS unit circuitry for an efficient beamforming design. (BD) with controlled wireless signal propagation accommo-.
Innovative Research
30 avr. 2018 The mango leafhopper genus Idioscopus (Hemiptera: Idiocerinae) was revised critically from Bangladesh during the period from March ...
Department of Financial Institutions and Markets Bangladesh Bank
28 jan. 2014 Revenue Service (IRS) information about certain accounts held by U.S. taxpayers or by foreign entities in which U.S. taxpayers hold a ...
Foreign Country Code Listing for Modernized e-File (MeF) for Tax
BD. Bermuda. BT. Bhutan. BL. Bolivia. BK. Bosnia-Herzegovina. BC. Botswana. BV. Bouvet Island. BR. Brazil. IO. British Indian Ocean Territory.
Impact of Micro-Credit on the Livelihood of Rural Women of
1Interdisciplinary Institute for Food Security Bangladesh Agricultural University (BAU)
Analysing the Behavior of the Interest Rate Spread in Bangladesh
A lower IRS can help investment and growth via reducing lending rates. Thus this study has policy implications for economic growth in Bangladesh. JEL Code: E43
Profitability and Socio-Economic Upliftment of Small-scale Goat
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A Geomatics Approach to Evaluate the Land Erosion and Accretion
The main objective of the present study is to determine the erosion-accretion rate in the coastal Bangladesh. Multispectral remote sensing sources from.
Country Codes for Form 1042?S (2016) Country Codes Country Code
BD. Bhutan . . . . . . . . . . . . . BT. Eritrea . . . . . . . . . . . . . . . ER. Estonia . . . . . . . . . . . . . . . EN. Ethiopia .
Website: www.bb.org.bd
Department of Financial Institutions and Markets
Bangladesh Bank
Head Office
DhakaDFIM Circular Letter No-03 Date: 28 January 2014
Managing Director/Chief Executive Officer
All financial institutions licensed under Financial Institution Act, 1993Dear Sir,
Foreign Account Tax Compliance Act of the United States The Foreign Account Tax Compliance Act (FATCA) enacted in 2010 in the United States (U.S.) requires a 'Foreign Financial Institution (FFI)' to report to the U.S. Internal Revenue Service (IRS) information about certain accounts held by U.S. taxpayers or by foreign entities in which U.S. taxpayers hold a substantial ownership interest. According to the definition of FFI, all financial institutions as defined in the Financial Institution Act, 1993 have come within the provisions of FATCA. As the Government of Bangladesh has not yet decided to execute an intergovernmental agreement with the U.S., these obligations can alternatively be discharged at individual financial institution level by registering and signing 'Participation Agreements' with the IRS. The National Board of Revenue (NBR) also consented on registering with the IRS if a financial institution has U.S. taxpayer accounts in its books. Therefore, financial institutions concluding that FATCA may have implications for their customers and operations should register themselves with the IRS and put in place appropriate processes and controls to ensure compliance with FATCA. Concerned financial institutions are advised to visit the IRS's website, www.irs.gov/fatca-registration , for necessary guidance in this regard. Because the agreement requires disclosures which would normally be breaches of the Financial Institution's general duty of confidentiality under prevalent Bangladeshi laws and practices, financial institutions are to obtain written consents from their customers before reporting the requested information to IRS. Financial Institutions should communicate with the existing customers well in advance of executing 'Participation Agreement' with the IRS enabling the accountholders to comply with reasonable requests for information or to provide acceptable documentation to meet the FATCA obligations.This is for information and guidance.
Yours sincerely,
sd/- (Md. Shah Alam)General Manager
Phone: 9530178
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