Alexa Vat imposes on foreign channels, Facebook, YouTube for ads 

Dhaka, Monday   26 August 2019

Akash

Vat imposes on foreign channels, Facebook, YouTube for ads 

 Staff Correspondent daily-bangladesh.com

 Published: 03:01 PM, 26 June 2019   Updated: 03:01 PM, 26 June 2019

File Photo

File Photo

Value Added Tax (VAT) of 15 percent has been imposed on foreign TV channels broadcast and advertising on social media Facebook, YouTube. 

Instruction has been issued by National Board of Revenue (NBR) on Wednesday. 

It is said in the instruction letter signed by NBR’s first secretary (Musk Policy) Hasan Muhammad Tarek Rikabdar, 15 percent VAT will be paid for advertisements on Facebook, YouTube and broadcasting foreign television channels from July 1.  

DailyBangladesh/Adnan