Loading...
The Financial Express

Bring online platforms under tax net for BD ads: HC

| Updated: April 13, 2018 14:09:18


Bring online platforms under tax net for BD ads: HC

The High Court has ordered authorities concerned to collect tax from the revenues earned by international online platforms through Bangladeshi advertisements.

The court mentioned search engines Google and Yahoo, global e-commerce platform Amazon, social media website Facebook and video-sharing website YouTube as online platforms.

The HC also asked why the order for an interim period should not be made permanent following a writ petition on Thursday, reports bdnews24.com.

The respondents have been asked to answer the court within four weeks.

Besides the advertisements, all other transactions like domain sale, licence fees will be under tax-at-source, duty and all other sorts of taxes.  

Share if you like

Filter By Topic