The government is planning to drastically reduce the taxes it levies when people purchase state-commissioned low-cost housing, which developers say puts many units out of reach for ordinary buyers. Union Planning and Finance Minister U Kyaw Win, in a speech to developers and business leaders last week, said that the only taxes levied on […]
Yangon chief minister to strengthen tax system
April 28, 2016 by
The Yangon Region chief minister has outlined plans to strengthen the city’s taxation system by examining weaknesses in local business audits. During a meeting with industrial zone officials on April 25, U Pyo Myo Thein said that businesspeople never show their audits to tax officials. “We need to make sure their audits are reliable,” he […]