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Property transfer rules blamed for money laundering, speculation

DagonKhan
in Myanmar General Chat

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Property transfer rules blamed for money laundering, speculation
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Property transfer rules are encouraging money laundering and speculation, say members of the real estate industry.

They singled out for criticism a rule that allows property buyers to avoid declaring the source of their income by paying a 30 percent tax.

Continues here:- http://www.mizzima.com/business/property/item/12300-property-transfer-rules-blamed-for-money-laundering-speculation

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