Bangladesh, Dec. 8 -- Multinational companies (MNCs), not having offices in Bangladesh, are unlikely to be allowed to pay VAT directly to the public exchequer, officials said.
MNCs, not having establishments in Bangladesh, have to pay VAT through their agents, they said.
Referring to the VAT law, a senior official at the National Board of Revenue (NBR) said global social media giants like Google, facebook and Youtube will not be able to obtain VAT registration or pay VAT directly without support of their agents.
To bring the multinationals under the VAT net, the NBR has amended both VAT registration forms and VAT agent rules, he said.
Through amending the VAT agent rules, the NBR created scope for reputed companies such as PwC (Pricewat...