FOREIGN WORKERS’ TAX STATUS

NBR starts drives at employers’ premises, visits Chevron office

Staff correspondent | Published: 00:05, Nov 01,2017

 
 

The National Board of Revenue on Tuesday started drives at employers’ premises to check information related to employment of foreign nationals, their salary structure and tax payment status.
A seven-member team of the NBR taskforce on foreign nationals in the country visited the office of US-based oil and gas company Chevron Bangladesh on the day to verify the information of foreign nationals working at the company with the tax returns submitted by the company in the NBR.
The team, however, notified the company prior to the inspection.
Officials of the revenue board said that the taskforce members would visit the premises of some other corporate houses, both local and multinational, working in production and service sectors including hotels and restaurants in next few days.
The main objective of the drive is to collect applicable tax on salary and other allowances of foreign nationals and prevent illegal employment, they said, adding that the team would hold the company responsible for any violation of the tax law.
They, however, declined to disclose the findings of inspection at the Chevron’s office.
Earlier, the NBR asked the employers to rectify the employment status of illegal foreign nationals and tax payment status of regular foreign employees by October 15 to avoid penalty as per the income tax law.
Employment of foreign nationals without work permit from the Bangladesh Investment Development Authority and other competent authorities is prohibited and punishable under the law.
Earlier, the taskforce gathered information about foreign workers working with 286 companies located in the Dhaka region.
The team will now crosscheck the information with the documents the employers submitted with income tax returns.
Currently, some 14,000 foreign workers are paying income tax though taxmen suspect the actual number of foreign nationals working in the country will be much higher. 

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