Is there tax on my winnings in Bangladesh?
In Bangladesh, gambling and online betting are in a grey legal area, so there is no clear, special tax rule made only for casino or betting winnings from sites like Mostbet. But your winnings can still be seen as income.
Here’s what you should keep in mind:
- Check local law: Officially, any income may be taxable under Bangladeshi income tax rules, even if it comes from foreign online platforms.
- Withdraw to your own account: When you cash out from Mostbet to a bank or mobile wallet, keep screenshots and transaction records.
- Ask a tax professional: A local tax consultant or lawyer can tell you if you should declare these winnings in your return.
- Keep yearly records: Note down total deposits, total withdrawals, and net profit from casino or sports bets.
Tip: Laws and tax practice can change, so review them at least once a year.