• Tuesday, Dec 07, 2021
  • Last Update : 03:57 am

BAT Bangladesh named top taxpayer again

  • Published at 06:39 pm November 25th, 2021
BAT
Courtesy

In total, BAT deposited about Tk26,000 crore to the national exchequer, which accounts for about 10% of the total internal revenue of the government

The Large Taxpayers Unit (Income Tax) of the National Board of Revenue (NBR) has honoured British American Tobacco (BAT) Bangladesh as one of the top taxpayers of the country for the Tax Year 2020-21. 

The company was recognized for being the highest income taxpayer under the “Manufacturing - Others” category, reads a press release.

BAT Bangladesh received the award at a ceremony held at Officers’ Club in the capital on Wednesday. 

Finance Minister, AHM Mustafa Kamal was present as the chief guest at the ceremony alongside, Abu Hena Md Rahmatul Muneem, chairman of NBR, and Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI).

The award was received by Shehzad Munim, managing director of BAT Bangladesh, and Sheikh Shabab Ahmed, head of External Affairs of BAT Bangladesh.

In the tax year 2020-21, BAT Bangladesh deposited about Tk900 crore in income tax to the state coffers. 

On top of income tax, the company deposited around Tk25,000 crore to the national exchequer as VAT and supplementary duty (SD). 

In total, BAT deposited about Tk26,000 crore to the national exchequer, which accounts for about 10% of the total internal revenue of the government.

While receiving the accolade, Shehzad Munim said: "Any kind of recognition feels good. NBR is encouraging compliant companies who are following best practices in corporate governance and regulations. 

“This, in turn, is triggering a robust social revolution. BAT Bangladesh has been receiving this award for many years and hopefully, we will encounter fierce competition in the near future. I believe such initiatives from NBR will continue to motivate us and further produce more large taxpayers, propelling our economy to newer heights," he added.

57
Facebook 56
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail