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"
- NBR to Fully Automate VAT and Income Tax Refunds for Faster, Transparent Service
- Bangladesh Enables Large Corporate Tax, VAT Payments Digitally via bKash and Other Mobile Services
- NBR Enables Corporate Tax, VAT Payments via bKash and Other Mobile Financial Services
- NBR Honours Top VAT Paying Businesses and Reporters to Promote Tax Compliance and Awareness
- Energy Ministry Urges VAT Cut on LPG Imports to Tackle Supply Crisis and Price Hikes
