Friday 26th of April 2024
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Headlines : * Dhaka denounces US State Department`s 2023 human rights report   * PM pays courtesy call on Thai King & Queen   * PM urges world leaders to say `no` to wars   * Heat wave sweeping across the country, may continue   * Secondary schools, colleges to open Sunday   * 155 killed in Tanzania as heavy rains cause floods, landslides   * Heatstroke kills 30 in Thailand this year as kingdom bakes   * UN report says 282 million people faced acute hunger in 2023, with the worst famine in Gaza   * Settle disputes through dialogue, say `no` to wars: PM at UNESCAP meet   * BGB sends back 288 security personnel to Myanmar  

   Technology
Microsoft receives VAT registration
  Date : 26-04-2024

News Desk : Microsoft, the introducer of most widely used operating system Windows, today obtained Value Added Tax (VAT) registration from the National Board of Revenue (NBR).

Through the registration, the non-resident company will have to submit monthly VAT returns to the government from now on.

Microsoft is the fourth tech giant after Google, Facebook and Amazon that got registration from the VAT Commissionerate Dhaka South last month.

Microsoft Regional Sales Pte Ltd, Singapore registered for Business Identification Number on behalf of the leading American tech company, said SM Humayun Kabir, commissioner of VAT Commissionerate Dhaka South.

"We will now get returns from these tech companies and do auditing after the companies get registration," he said.

Kabir said the NBR was getting revenues as bank used to deduct VAT during payments to these companies by clients for taking services such as giving advertisement digitally.

"Now we will get a clear picture of how much revenue we are getting from the global technology companies," he said.

Source: BSS



  
  সর্বশেষ
Dhaka denounces US State Department`s 2023 human rights report
PM pays courtesy call on Thai King & Queen
PM urges world leaders to say `no` to wars
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