Microsoft gets VAT registration

Microsoft, the introducer of most widely used operating system Windows, on Thursday got Value Added Tax (VAT) registration from the National Board of Revenue (NBR), a development that will enable the revenue authority to get the tech company under its monitoring.

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 HumayunKabir, 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 revenue 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.

Podder& Associates will act as VAT agent for Microsoft, said PramilaSarker, additional commissioner of VAT Commissionerate, Dhaka South.