Is there any local tax on my winnings in Bangladesh?
In short, yes, your online betting or casino winnings may be taxable under Bangladesh law, even if you win on Mostbet.
Here’s what you should know:
- No auto-deduction by Mostbet: Mostbet usually does not deduct Bangladeshi tax at source. You receive full winnings in your account.
- Your responsibility: If your winnings are regular or large, they may be treated as income. In that case, you are responsible for declaring them in your income tax return in Bangladesh.
- Keep records: Save screenshots or statements of deposits, withdrawals, and big wins.
- Currency note: Winnings come in foreign currency (usually USD/INR), so they may fall under foreign income rules.
Tip: For big or frequent winnings, consult a local tax consultant to know exactly how much tax you should pay and how to report it properly.
