Myanmar’s shadow government launches plan to tax business owners

NAYPYITAW, 07 November 2021, (TON): The National Unity Government (NUG) has announced that they plan to end military rule within two years, at which point they will work to rebuild Myanmar with domestic and international businesses who paid taxes to them.

The Committee Representing the Pyidaungsu Hluttaw (CRPH), formed of elected parliamentarians ousted in the February coup, enacted a tax law on Thursday for a fiscal year starting in October and ending in September of next year.

He reported that they had already received US$150,000 in tax revenue.

“The people of Myanmar are trying to pay us taxes through all their struggles. Only a very small percentage of major businesses have started paying taxes,” Tin Tun Naing, the NUG’s Minister of Planning, Finance and Investment, said during an online conference on Thursday.

He added “the main taxpayers right now are the regular office staff and small businesses.”

He said that taxes could be paid to the NUG through a foreign bank account and that it would not be necessary to provide any information that could compromise the taxpayer’s identity.

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