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

[DagonKhan]

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.

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