The government will provide a tax exemption on both principal and interest payments related to the Rooppur Nuclear Power Plant loan to Russian state-owned company Atomstroyexport (ASE).
This exemption is a ‘special consideration’ only for this project and ‘cannot be taken as a precedent for any other project in the future.’ The National Board of Revenue (NBR) is expected to take the necessary steps to implement it, according to the Ministry of Science and Technology.
Earlier, ASE requested assurance from Russia that no taxes would be imposed on ASE or its nominated agent when repatriating the funds to Russia.