Dhaka, March 22 -- The National Board of Revenue (NBR) has formed a committee to collect year-wise data on the incomes of social media platforms and search engines from the digital advertisements of local firms to bring those under VAT net.

Besides, the NBR is collecting organisation-based monthly data on how much money was transacted abroad for the advertisement purpose and how much Value Added Tax (VAT) and income tax were collected in the last five years.

The decision was taken in a recent meeting of NBR's special committee.

The meeting decided to send a letter to the central bank to get the monthly and organisation-based data of the last five years for payment on digital advertisement and transaction of money for the purpose, and c...