Wednesday, May 25, 2011

Bangladesh plans poultry industry tax break extension

Bangladesh's National Board of Revenue is considering further tax breaks for the country's poultry sector that may run until 2025, according to reports.
The current tax holiday is set to end in 2013, but poultry association president Syed Abu Siddique said that 30% of the industry has been affected by bird flu and requires an extension to recoup losses. The industry is also calling for a withdrawal of the existing 5% tax on imported poultry feed.

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