Oman Sultani Decree No. 100/2008 Agreement between the Government of the Sultanate of Oman and the Government of the People's Republic of Bangladesh for the Avoidance of Double Taxation on Income Derived from International Air Transport

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The Government of the Sultanate of Oman and the Government of the People's Republic of Bangladesh, desiring to conclude an Agreement for the avoidance of double taxation on income derived from international air transport, have agreed as follows:

Article 1 - Taxes Covered

1- The taxes which are the subject of this Agreement are:

a) In the case of the Sultanate of Oman:

  • i) the Company Income Tax;

  • ii) the Profit Tax on Commercial and Industrial Establishments;

  • (hereinafter referred to as "Omani tax")

b) In the case of the People's Republic of Bangladesh:

  • the income tax;

  • (hereinafter referred to as '' Bangladesh tax'')

2- This Agreement shall also apply to any identical or substantially similar taxes which are imposed by either Contracting State after the date of signature of this Agreement in addition to, or in place of, the taxes referred to in paragraph 1 of this A1ticle.