26 Nov 2012
Out of the registered 30,606 companies, over 15,000 firms
are evading
payment of taxes, according to the records of Inland Revenue
Department.
The statics also show that the tax-to-GDP ratio in
Myanmar is at the lowest
level among Asean countries.
A total of 15,408 companies have been registered at the
Directorate of
Myanmar Investment and Company Administration. However,
only
10,290 firms reported their income tax.
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