Karenni farmers say they cannot afford $4 annual tax
Locals in Demoso say the KNPP imposes an annual tax of about 5,000 kyat per household, and that they were given a 10 October deadline to pay up.
Locals in Demoso say the KNPP imposes an annual tax of about 5,000 kyat per household, and that they were given a 10 October deadline to pay up.
Almost $20 billion in dirty money linked to corruption and tax evasion has left Burma in the past five decades, according to an international watchdog.
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In business this week: Dial-a-taxi service for Rangoon; Telenor expands teashop education programme; new tax for mobile phone top-ups.
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Burma’s Finance Minister Win Shein confirms a plan to increase the salaries of government workers from April this year.
The price of imported vehicles has rapidly declined as a result of the Burmese government’s “car slip” scheme, causing concern among dealers who are incurring major losses on import duties.
Expats may be confused as to Burma’s vaguely written tax laws. A senior manager at PricewaterhouseCoopers addresses the issues surrounding their income tax.
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BUSINESS in BURMA THIS WEEK: China remains the country’s top trading partner; Myeik to Bangkok flights launch; Austria offers technical expertise on hydropower projects; and corruption in Burma still worries investors.
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BUSINESS in BURMA THIS WEEK: price of gold drops; Rangoon hosts international electronics expo; border trade is booming; Mitsubishi Electric opens; Red Bull promises jobs; and Mandalay leads the way in new hotel ventures.
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Business in Burma this week: ADB reaffirms support for Burma’s reforms; MPE invites bids for Irrawaddy delta refinery; Pepsi goes pop in Burma; three new Novotel resorts in the pipeline; and Burma’s 100 top taxpayers are awarded.
According to a list of the top 500 taxpayers in Burma, Kanbawsa Bank – with over 2,000 employees – is the highest payer of income tax in Burma, while Myanmar Brewery Ltd pays the most commercial tax.
The Foreign Investment Law’s greatest drawback is not the restrictions, but the lack of clarity on many important issues, which are either left to the discretion of the MIC or the rules and regulations of the ministries.
Feb 9, 2009 (DVB), Vendors in Mandalay have complained that vendor tax has risen fourfold since municipal authorities subcontracted the collection of the tax to private individuals. Municipal authorities put[…]
Aug 4, 2008 (DVB), Residents of Irrawaddy’s cyclone-devastated Bogalay township have complained that local authorities have been pressuring them to pay a construction tax for repair work on their houses.[…]
Jun 12, 2008 (AP)‚ Burma’s ruling military junta denied reports on Wednesday that it was deducting a 10 percent tax from foreign donations to cyclone victims, saying all incoming money[…]
Mar 18, 2008 (DVB), Business owners in Prome township, Bago division, have complained about the high level of taxation imposed on their shops in the town's market by municipal authorities.[…]
Feb 27, 2008 (DVB), The Chin National Front has criticised the excessive taxes levied by the Burmese government on ethnic Chin people who are already facing severe food shortages. The[…]
Jan 21, 2008 (DVB), Small traders in Twan Tay township, Rangoon division, have complained that local officials have been imposing additional taxes on them which they should not have to[…]
Nov 7, 2007 (DVB), Corn farmers in the border town of Myawaddy have been angered by an increase in the toll money demanded by local administration officials and Democratic Karen[…]
Oct 25, 2007 (DVB), Authorities in Aung Lan township, Magwe division, have raised the annual tax on loudspeakers this week from 150 kyat to 15,000 kyat, according to local residents.[…]
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