aes, Wr 4, Sss> TRATES T TOT ASPET Set race oreresi a9 frert (ate) Sart STS, ASOT MTT, SODH/ ER TT, SadD OF, OM, @ MK 296-Me7/99— cereTeat INTO TTS Gat ETT ier Hs sata cheat eat Se Sag aa iste gers File ae Sah bee HTT FISICA; taeag, wera Income Tax Ordinance, 1984 (XXXVI of 1984) wa section 144.4 ORG SR Fe PEA Toe cH, Goren wenie Se olor Tarnaat FRAO FR Fa REAL bie CONVENTION BETWEEN THE PEOPLE'S REPUBLIC OF BANGLADESH AND JAPAN FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PRE- VENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME. The Government of the People’s Republic of Bangladesh and the Government of Japan. iyoe2) Bat: bet +00.woas - RTO CEG, Steiss, SS 4, SSs> Desiring to conclude a Convention for the avoidance of double taxation and the Prevention of fiscal evasion with respest to taxes on income. Have agreed as follows: ‘ Article-1. This Convention shall apply to persons who are residents of one or both of the Contracting States, Article-2, 1. The taxes which are the subject of this convention are : (a) In-Japan: (@) the income tax; and ~ I) the corporation tax (hereinafter referred to as “Japanese tax”) ; () In Bangladesh : the income tax (hereinafter referred to as “Bangladesh tax"). 2. This convention shall apply alsé to any identical or substantially similar taxes which are imposed after the dale of signature of this convention 44 addition to, or im place of, those referred to in paragraph 1. The competent authotities of the Contracting States shall notify each other af any substantial changes which have been made in their respective taxation laws within a reasonable period of time after such changes. Article-3 1. For the purposes of this Convention, unless the context otherwise requires = (a) the term “Japan”, when used in a geographical sense, means all the tertitory of Japan, including its territorial sea, in which the laws relating fo Japanese tax aré in force, and all the area beyond its territorial sea, including the sea-bed and sub-soil thereof, over which Japan has juuris- diction in accordance with international law and in which the laws relating to Japanese tax are in force; (b) the term “Bangladesh” when used in geographical sense, means all the territory of the People’s Republic of Bangladesh. including its territorial sea, in which the laws relating to Bangladesh tax are in force, and all the area beyond its territorial sea, including the sea-bed and sub-soilareroer cred, ofetae, ere 4, S853 wont thereof, over which the People’s Republic of Bangladesh has jurisdiction jn accordance with international law and which the laws relating to Bangladesh tax are in force; the terms “a Contracting State” and “the other Contracting State” mean Japan or Bangladesh as the context requires ; the term “tax” means Japanese tax or Bangladesh tax, as the context Tequires ; the term “person” includes an individual, a company and any other body of persons ; (£) the term “company” means anybody corporate or any entity which ix treated as a body corporate for tax purpose + the terms “enterprise of a Contracting State” and “enterprise of the other Contracting State” mean respectively an enterprise carried on by a resident of a Contracting State and an enterprise carried on by a resident of the other Contracting State; (h) the term “nationals” means all individuals possessing the nationality of either Contracting State and all juridical persons created or organized under the laws of that Contracting State and all organisations without juridical personality treated for the purposes of tax of that Contracting State as juridical persons created or organised under the Jaws of that Contracting State ; (i) the term “international traffic’ means any transport by a ship or aircraft operated by an enterprise of a Contracting State. except when the ship or aircraft is operated solely between places in the other Contracting State; and (j) the term “competent authority” means (i) in the case of Japan, the Minister of Finance or his authorized representative ; (ii) in the case of Bangladesh, the National Board of Revenue or its authorized representative. (c @. (e (& ‘As regards the application of this Convention by a Contracting State, any term not defined therein shall. unless the context otherwise requires, have the meaning which it has under the laws of that Contracting State concerning the taxes to which this Convention applies. Article-4 = For the purposes of this Convention, the term “resident of a Contracting State” means any person who, under the laws of that Contracting State, is Jiable to tax therein by reason of his domicile, residence, place of head or main office, place of management or any other criterion of a similar nature,