Social media giant Facebook has deposited nearly Tk 2.4 crore in value-added tax (VAT) after it got registration for the indirect tax with the National Board of Revenue (NBR).
Facebook is the third global technology giant to obtain registration from the NBR two years after the revenue board made VAT registration mandatory for non-resident foreign companies that do not have physical presence in Bangladesh.
Sources:
Latest Posts in "Bangladesh"
- Government Suspends VAT Payer Awards for Second Year Amid Policy Review and Austerity Measures
- Dhaka Metro Seeks 10-Year VAT Exemption Extension to Keep Fares Affordable for Commuters
- NBR Delay on 15% VAT Decision Puts Construction Contractors’ Payments and Projects at Risk
- NBR Launches Online VAT Refund System for Faster, Direct Bank Transfers to Taxpayers
- NBR Launches Online VAT Refund System to Boost Efficiency and Transparency for Taxpayers














