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Tax, tech giants and Bangladesh


Rajib Ahmed(Dhaka)
Published: 14 Jun 2021, 13:35
countries, inll The United States ten-dollar bill ($10) has a picture of Benjamin Franklin, politician, author, philosopher, artist and most important of all, one of the founding fathers of the United States of America. In 1789, Benjamin Franklin in a letter to French physicist Jean-Baptiste Le Roy said, Nothing is certain but death and taxes.
We have to pay tax, but things are different for the multinational tech giants. They earn from their businesses in various countries, but don t have to pay tax. For example, the revenue of Alphabet Inc. rose by nearly 13 per cent to about Tk 15 trillion in the year of the coronavirus pandemic. That is nearly equal to the size of the three revised budgets of Bangladesh. Alphabet also earned from Bangladesh, but the government didn t get a penny in taxes from them. ....

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