A de-facto tax amnesty on unassessed income will likely be repealed. U Maung Maung Win, deputy minister of the Ministry of Planning, Finance, and Industry, told parliament that a 30% tax on unassessed assets will be imposed in the coming fiscal year.
The Private-Sector Development Committee has announced that it will introduce new measures to curb illegal trade in Myanmar. The committee, which is headed by Vice President U Myint Swe and includes members of the private sector, affirmed during a re