DHAKA, April 5, 2026 (BSS) - American Chamber of Commerce in Bangladesh (AmCham) today urged the government to ensure predictable tax policies and improve the overall investment climate to attract and retain both local and foreign capital. 

During a pre-budget meeting with the National Board of Revenue (NBR), the AmCham emphasized that long-term tax certainty is essential for enabling long-term planning and boosting investor confidence. 

The chamber specifically recommended a gradual reduction in corporate tax rates and the introduction of structured tax stability frameworks for large-scale investments.

AmCham’s other proposals included simplifying tax structures, reducing overlapping tax burdens, and addressing double taxation issues to ensure fair treatment across all sectors. 

Syed Ershad Ahmed, President of AmCham, stated that these recommendations are designed to create a more balanced, transparent, and competitive tax system. 

To further enhance the climate, the chamber suggested aligning domestic regulations with international agreements and implementing advanced tax ruling systems.

Investors highlighted the need for clearer guidelines on tax holidays, including explicit eligibility criteria and benefits to reduce ambiguity. 

Proposed measures to strengthen institutional governance include simplifying compliance procedures, improving VAT refund mechanisms, and advancing the planned separation of the NBR. 

Nuria Lopez, chairperson of the European Union Chamber of Commerce in Bangladesh (EuroCham), echoed these sentiments, stressing the importance of a predictable regime, the removal of trade barriers, and the reduction of tariff protection.