- Mobile operators in Bangladesh urge the government to remove VAT on spectrum and related fees, claiming it contradicts global norms and increases industry costs.
- The Association of Mobile Telecom Operators of Bangladesh (AMTOB) argues that spectrum fees are sovereign regulatory charges, not commercial transactions, and should not be taxed.
- VAT on spectrum fees cannot be claimed as input tax credit, raising operational costs and hindering investment, 5G rollout, and rural expansion.
- AMTOB cites international practices where spectrum fees are VAT-exempt and warns that the current tax regime stifles innovation and affordability.
- The association demands immediate VAT withdrawal on spectrum payments and formal recognition of these fees as non-taxable regulatory charges.
Source: thedailystar.net
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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