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

[DagonKhan]

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

RANGOON — The Burma 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 known companies like Tay Za’s Asia Green Development (AGD) Bank and Serge Pun’s Yoma Bank.

But the effort to boost the government’s poor tax collection led to embarrassment after an apparent clerical error. IRD quickly received complaints from companies wrongly included in the list, and removed the list from its website.

On Thursday, it posted a new list including only 8,220 companies.

Continues here:- http://www.irrawaddy.org/business/burma-tax-department-says-2500-tax-evading-firms-named-error.html

Attached to this post are 3 pdf files that list the 8,221 companies.

Companies 0 to D.pdf

Companies E to H.pdf

Companies I to Z.pdf