The world's largest technology company, Google LLC (Limited Liability Company), has registered with the tax system in Nepal. Google has registered with the large taxpayer office under the internal revenue department of Nepal.
According to the spokesperson of the department, Raju Prasad Pyakurel, Google has registered to pay the Bidhutiya Sewa Kar (Digital Service Tax) as per the provisions of the Fiscal Year 2079/80 B.S. According to the department, Google has registered under the name of the regional office located in Singapore.
|Company Name||Google LLC|
|Reg Detail||Large taxpayer office under the internal revenue department of Nepal|
|Tax Detail||2% [Bidhutiya Sewa Kar(Digital Service Tax)], @ annual revenue generated from Nepal|
The department has assigned responsibility to the large taxpayer office located in Hariharbhawan, Lalitpur, to oversee the administration of the Bidhutiya Sewa Kar (Digital Service Tax). The government has applied a tax rate of 2% on the value of the Bidhutiya Sewa (Digital Service) business provided to Nepali consumers by non-residents since the Fiscal Year 2079/80 B.S.
Accordingly, Google will have to pay 2% of the total revenue it earns from providing services to Nepali consumers. However, Google has not disclosed its official financial information on the annual revenue generated from Nepal. this move shows the company's compliance with local tax laws and regulations. Google is known for its search engine giant, YouTube, and Android operating system, among other products and services.