Yangon Region hunts for industrial tax evaders

The Yangon Region Work Project Scrutiny Committee and management committees of industrial zones are working together to expose entrepreneurs who have not officially declared their industries in the industrial zones, representatives of the businesses community told Mizzima on December 5. On December 2, representatives of the committees made field trips to the industrial zones of […]

Smuggled cigarettes, alcohol beat the ban

Fake or untaxed alcohol and tobacco products are flooding the market as the Ministry of Commerce and importers face an impasse over planned import reform, industry sources say. The Internal Revenue Department announced early this month that it would crackdown on untaxed, illegally imported and sometimes fake goods that are freely available at wholesale markets […]

Tax collectors set to scour Yangon for tax evaders

The Internal Revenue Department will start scrutinising tax collection in 203 wards of 20 townships in municipal Yangon from the last week of this month, it said. The move is aimed at uncovering tax evasions among businesses in industrial zones, as well as factories, warehouses, land and house rentals. “We will invite entrepreneurs in 203 […]