Bangladesh, Dec. 17 -- The Transfer Pricing Cell (TPC) would put some 921 foreign companies, operating in Bangladesh in various forms, under its close scrutiny to find out the level of their tax compliance in relation to cross-border transactions.
The TPC, under the National Board of Revenue (NBR), has recently sought a detailed business profile of the companies along with other relevant information.
Transfer pricing officer Md Shabbir Ahmed, who leads the cell, has sent letters to all 921 companies, requesting them to provide details on a prescribed format.
The multinational companies (MNCs) will have to supply required information to the TPC by January 15, 2020.
The companies include multinationals and branches, liaison and representa...