Myanmar Tax Department Says 2,500 Tax-Evading Firms Named in Error

YANGON — The Myanmar government’s tax department has admitted that it mistakenly named nearly 2,500 companies as tax evaders. The Internal Revenue Department (IRD) on March 6 published a list of 10,670 companies that it said had failed to pay taxes for the 2012-13 fiscal year, which ended in March 2013. The list included well […]

Tax department admits error over public disclosure

The Internal Revenue Department (IRD) has publically disclosed the names more than 10,000 local businesses guilty of tax evasion in the 2012-13 fiscal year though the government agency now admits that some of those listed were made in error, said an official. The list, which was published on the IRD website on March 6, includes […]