Google pays Tk 2.3cr VAT to NBR
Global tech giant Google has paid Tk 2.30 crore as value added tax (VAT) directly to the National Board of Revenue.
It has paid Tk 55.77 lakh for the month of May and Tk 1.74 crore for June, said SM Humayun Kabir, commissioner of VAT Commissionerate, Dhaka South.
In the past, banks used to collect the VAT when Google service recipients made payments.
Now Google is depositing the indirect tax to the state coffer separately, said Kabir.
"Now it is more convenient for the VAT department to observe the compliance," he added
The American multinational company got VAT registration from the revenue authority in the middle of May this year, ending a two-year stalemate over the issue.
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