September 20, 2017

Union Finance Minister talks tax reform in parliament

Union Minister for Finance and Revenue U Win Shein. Photo: MNA
Union Minister for Finance and Revenue U Win Shein. Photo: MNA

THE Ministry of Finance is stepping up its efforts to prevent tax evasion in Myanmar but is keen to avoid placing too great a burden on law-abiding taxpayers, Union Minister for Finance U Win Shein said at the Pyidaungsu Hluttaw session yesterday.
The union minister outlined new methods in tax collection, the allocation of taxes in the national budget and efforts to prevent tax evasion. He said that reforming the country’s tax system is vital for generating income that can be used for the public good. —Myanmar News Agency

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