BAT Bangladesh named among top income taxpayers for FY21-22
BAT Bangladesh has been honored as one of the top taxpayers of the country for the financial Year 2021-22.
The Large Taxpayers Unit (LTU) – Income Tax of National Board of Revenue (NBR) awarded the recognition to BAT Bangladesh for being the highest income taxpayer under the 'Manufacturing' category, reads a press release.
The Chief guest of the ceremony Shaheen Akhter, Member - Tax Admin and Human Resource Management of National Board of Revenue (NBR), handed over a crest and certificate of appreciation to Amun Mustafiz, Finance Director and Sheikh Shabab Ahmed, Head of External Affairs of BAT Bangladesh on 2 August.
The meeting was presided over by Iqbal Hossain, Commissioner, Large Taxpayers Unit - Income Tax.
In FY 2021-22, BAT Bangladesh contributed approximately 8% more Income tax than previous financial year. The company contributes around 10% of the total internal revenue of the country every year.
Apart from the income tax, in the last fiscal year, the company has contributed about Tk25,783 crore to the National Exchequer as Value Added Tax (VAT) and Supplementary Duty (SD).