Facebook, Google and YouTube will be covered under the next budget. Although the National Board of Revenue (NBR) has confirmed the proposal, it will not be corrected yet.
There is no accurate survey of how much money Facebook or Google earns from Bangladesh. However, some interviewing reports have been published for the past few years through the news. And it shows that the advertising market is progressing towards online advertising. The English daily 'The Daily Star' in a report in February this year said, different organizations of Bangladesh now spend a billion rupees annually. Google and Facebook are the main place for this digital marketing. Bangladesh E-Commerce Association has two thousand members.
They spend a certain amount of money on digital marketing every day. Apart from this, many more organizations have been formed, who spend on Gital Marketing. Payment is made through international credit cards. Besides, money was also paid through Hundi.
Youtube channels are becoming popular in Bangladesh. A portion of the young people sharing 'profile sharing' with YouTube, with many entertaining videos including songs, dramas. Personally, some people earning money by advertising on Facebook post. The number of facebook pages that have more than a million likes this opportunity. Again, an online organization has been able to 'boost' money directly from their article, product advertising or any statement directly to Facebook via credit card. But the government is not getting any part of this business or profit. So no tax is being paid.
In a pre-budget discussion with the newspaper industry owners association Newspaper Honors Association of Bangladesh (Noab) and Association of Television Channels Honors (Atco) recently with the NBR, the social media channel Facebook, video viewing site Youtube and the largest search engine announced that Google will be brought under tax NBR Chairman.
He said he will reflect on the next budget. However, the announcement of the NBR did not become autonomous. In response to the demand of Noawab and Atco officials, he announced that he Noyab President and Daily Prothom Alo editor Motiur Rahman said, "The newspaper in the world is old industry.
Television, online, facebook, youtube, twitter, readers losing news due to Google As a result, income from this industry is declining.
He blamed advertisements on Facebook or YouTube as a pretext for reducing newspaper income, saying that the government has no control over the advertisement promoted on Facebook or YouTube. We gave this letter to the Ministry of Finance, Bangladesh Bank.
The Bangladesh Bank said, how the government could get a share of the advertisement on Facebook or YouTube advertising. Several countries including Europe have received the opportunity from Facebook, YouTube. Facebook, YouTube, Google will make revenue from the revenue, we will do it if we find cooperation. '
Arif Nizami, former executive manager and research firm of Google Developer Group, Arif Nizami, said, "To earn direct tax from Google or Facebook, those organizations have to be registered in Bangladesh. Once registered, their VAT or tax registration can be brought under. But those institutions are not registered in Bangladesh. Moreover, they are still not interested in registration.
He also said, "Google, Facebook or YouTube's income comes from advertising. Through these three, Bangladesh has made huge advertising from the digital marketing institute. But those companies have to pay VAT tax as well.
Against the amount of money they advertise, the opposite
The VAT tax is bound according to the law. The issue is now to see if they are giving it. There will definitely be a lot of surveillance there. '
How can the tax government get those who 'boost' directly through the direct credit card outside the digital marketing organization?
Responding to such a question, he said, "Those who use international credit cards in Bangladesh, they have the limit of how much they can afford to spend the year. He can not afford more than that. So, nobody wants to 'boost' with Facebook or Google ads or anything with a credit card. However, if a person or organization does transaction outside legitimate channels, then money laundering. It is illegal. The law can be sought only. "Bangladesh has not succeeded in trying to install the Facebook admin panel more than once. Because of the BTRC proposal, Facebook has added several conditions. In the last 2016, there was a meeting with Facebook in Singapore in January 2016. In the meeting, instead of opening an admin panel in Bangladesh, Facebook showed interest in opening the office. Apart from this,
Google announced the opening of office in Dhaka, but it has not yet been done. They also appoint the Country Consultant of Bangladesh in Singapore. It has already expired.
Arif Nizami said, "Online trading company PayPal has not been able to come to Bangladesh with conditions. Facebook, Google is back. I think that whatever is going to say, the online marketing market in Bangladesh is not more than 200 crore annually. If it was too much, Google will not come to Facebook, why? They're doing business. They would have come when business was big. '
In this regard, NBR Chairman Mosharraf Hossain Bhuiyan said, "In what way or how will Facebook-YouTube-Google be brought under tax, it is still we
Did not get out But our officials are working on the matter. '
He said, "Since the institutions are foreigners, they have to be registered in Bangladesh. But how to register, it will be seen. For this, an information-technology specialist team will work. "Meanwhile, the NBR chairman said that the relevant people have been told," Facebook, YouTube, Google have given many opportunities. Now they will be brought under taxes. There will be a reflection of the upcoming budget. Job website Bdjobs and
Fahim Masroor, chief executive of e-commerce site 'Today's deal', said, "Google, Facebook, which earns money from Bangladesh, they illegally or through Hundi. They have to be forced to trade legally. If they can register in India and open the office, then why not in Bangladesh? The way Uber is registered in Bangladesh, the office is forced to open the business, the card will be done the same way.
If they do not register in Bangladesh, then they will have to take action to stop the advertisement of Facebook or Google from Bangladesh. "He added," Google or YouTube has no registration in Bangladesh, no office, and even bankknower. That means, they are not being caught. The tax is not far from the tax, through this there are various types of propaganda including militancy. Bangladesh is not able to catch Facebook because of this. Because they are not responsible for this country. '
