NBR Tax Card Award
Almost same taxpayers making list for last 3yrs
The National Board of Revenue is going to award 20 individuals and 20 corporate taxpayers tax cards in recognition of their paying of highest income tax in the fiscal years 2010-2011 and 2011-2012, NBR officials said. The NBR will hand over tax cards, certificates and crests to them at a programme on the occasion of Income Tax Day-2013 to be observed on September 15, they said.
The NBR officials said the country’s leading and well-known businessmen, industrialists and companies were not on the tax cards award list.
The revenue board has already selected 40 individuals and business houses — 20 for each fiscal year — for giving the award for paying highest amount of tax in the two fiscal years.
Out of the 20 individual highest taxpayers in the two years, nine are going to be received tax cards for both the years.
Eight corporate taxpayers became highest taxpayers for both the years.
‘The list will be finalised in a day or two,’ a senior NBR official told New Age on Tuesday.
He said that most of the individual and corporate taxpayers selected for tax cards award for the FY 2010-2011 and FY 2011-2012 also got the award in FY 2009-2010 when the NBR introduced the award.
‘The trend proves that famous businessmen and business houses either pay less amount of tax or have legal disputes with the NBR over taxes,’ he said.
NBR officials said many big corporate taxpayers remained out of the list due to legal disputes over taxes with the revenue board. According to the tax card policy, the taxpayers who are loan or tax defaulters and have legal disputes over taxes are not eligible for the award, they said.
According to the NBR officials, US-based Chevron Bangladesh Block-12 topped the list of the highest corporate taxpayers in the FY 2010-2011.
The other selected corporate taxpayers for the tax cards for the year are Southeast Bank, Sylhet Gas Field, Karnaphuli Fertilizer Company Ltd, Citibank NA, American Life Insurance Company, AK Khan and Company, Square Pharmaceuticals Ltd, Trust Bank and Jamuna Bank.
Under the individual taxpayers’ category, AK Khan and Company’s managing director Salahuddin Kasem Khan secured the top taxpayer position in the list for the FY 2010-2011.
Other top taxpayers are AK Shamsuddin Khan and AM Ziauddin Khan of AK Khan & Company, MA Haider Hussain, Mohammad Eusuf, MM Amjad Hussain and Khwaja Tajmahal of Drug International Ltd, Md Kaus Mia of Dhaka, Shahidul Islam of Chittagong and Motazzerul Islam of Rangpur.
According to the NBR, nine individual taxpayers selected for the tax cards for the FY 2010-2011 also became highest taxpayers in the FY 2011-2012.
Only Sadaruddin Khan of AK Khan & Company is a fresh inclusion in the list while Shahidul Islam of Chittagong is excluded from the list, they said.
Under the corporate taxpayers’ category, eight business houses selected for the tax cards for the FY 2010-2011 also selected as the highest corporate taxpayers in the FY 2011-2012.
Karnaphuli Gas Distribution Company Ltd and Central Depository Bangladesh Ltd managed to be included in the highest taxpayers’ list in the year while AK Khan & Company and Jamuna Bank are excluded from the list.
Most of these individual and corporate taxpayers were also awarded tax cards as the highest taxpayers in the FY 2009-2010 when the NBR honoured them with the award for the first time in the country, officials said.
-With New Age input
