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IRD will reward those who lodge complaints on businesses that fail to pay tax

The government is raising its efforts to collect taxes from commercial enterprises. Last week, the Internal Revenue Department said it will reward those who provide information on establishments that fail to collect commercial taxes, according to state media. Under the law, consumers who buy goods and services in Myanmar are liable to pay commercial taxes. […]

Whoever Reports Tax Avoidance Will be Awarded 10 Percent of the Fine

The government is planning to award 10 percent of fines to those who report scofflaws who fail to put tax stamps on receipts to the Internal Revenue Department, according to U Myint Thaung, Minister of the Ministry of Planning and Finance. He was answering a question submitted to the Yangon Regional Parliament on February 20 […]