Restaurants Might Have Licenses Seized for Tax Non-Compliance

Restaurants which have failed to include commercial tax stamps might have their licenses seized, according to discussions among lawmakers at the Yangon regional parliament session on April 24. Regional MP U Kyaw Kyaw Htun said that the regional government should deal with the restaurant situation. He suggested seizing licenses of restaurants which have failed to […]

New property tax rates can spur demand for real estate market

Real estate agents are extending a cautious welcome to a change in the tax laws that could stimulate the torpid property market. A combination of anxiety over the coming election and backlash against huge price surges over the past few years has had a significant cooling effect on the property market since at least the […]