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Crackdown on tax dodgers has tycoons racing to file income declarations, officials say


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Crackdown on tax dodgers has tycoons racing to file income declarations, officials say

The government board in charge of monitoring tax collection is receiving a rising number of income declarations from the country’s wealthy elite following its warning that they could face lengthy prison terms if they fail to pay taxes owed to the state, a member of the board said.

The number of income declarations it is receiving from the country’s tycoons is rising every day, said Thein Aung, a member of the Board for Scrutinising and Monitoring Tax Collection said on the weekend.

Continues here:- http://www.elevenmyanmar.com/index.php?option=com_content&view=article&id=7478:crackdown-on-tax-dodgers-has-tycoons-racing-to-file-income-declarations-officials-say&catid=44:national&Itemid=384

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