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The Superior Court has ordered to collect revenue from money paid in the last 5 years
The Superior Court has ordered interested government agencies, including the National Revenue Board (NBR), to immediately collect all kinds of taxes, VAT and other income from Internet-based businesses and services Google, Yahoo, Amazon, Facebook and YouTube. In addition, you have been asked to collect the arrears of income from these services and businesses at a rate proportional to the amount paid in the last five years. The NBR has been asked to report to the court with the progress report every six months on the amount of revenue collected.
With the final hearing of the car, Justice said. A two-judge bench made up of Judge Ashraful Kamal and Judge Rajik Al Jalil approved the verdict on Sunday.
In the ruling, the Superior Court said that if these services and businesses are going to do business in this country, they have to do business with VAT and taxes.
The petitioner’s lawyer, Humayun Kabir Pallab, told Ittefaq that the verdict would allow Bangladesh to collect a large amount of revenue. These revenues will play an important role in the growth and development of the country’s GDP.
Attorney Khandaker Reza-e Rakib addressed the court as amicus curiae. “The rate of VAT and taxes on Internet-based services and businesses is much higher in our country than in other countries,” he said. If this rate is maintained, the money will leave the country for money laundering. The state will suffer.
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Six attorneys have filed a lawsuit in Superior Court, citing media reports about revenue evasion from Internet-based companies and services Google, Yahoo, Amazon, Facebook and YouTube. In light of that order, the Superior Court issued a rule. The Superior Court rendered its verdict after hearing the rule. The verdict said that, although a long time had passed since the request for the car, government agencies had failed to successfully raise revenue. The High Court said that the verdict would remain in force as an ongoing order, adding that any citizen of the country could seek redress at any time by filing an application in court in case of any deviation in the implementation of the verdict.
Ittefaq / UB
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