Google, Amazon obtain VAT registration, others in process Staff Correspondent | Published: 22:29, May 27,2021
Two global technology giants Google and Amazon have received VAT registration from the National Board of Revenue after two years the NBR made it mandatory as part of becoming VAT compliant in the country. Some other technology giants, including Facebook and Netflix, are also in the process of obtaining BINs from the NBR. Of the firms, Washington-based Amazon.com obtained business identification number (BIN), also known as VAT registration, on Thursday while Google Asia-Pacific Pte Ltd took the BIN on Monday, officials of the revenue board said. They said that the companies also appointed local VAT agents to deal with the issues related to VAT payment and performing other tasks.