We are committed to making economic contributions to our community through paying our fair share in taxes together with the compulsory deduction of taxes from our employees. We endorse the B Team Responsible Tax Principles which were developed through dialogue with a group of leading companies, along with involvement from civil society, investors and representatives from international institutions.
Our Tax Strategy is based on:
We contributed MMK 4.29 billion to tax coffers of Myanmar as Income Tax for Financial Year 2018-2019.
One way for us to manage our tax exposure or risk, is to be as current as possible in agreeing the final tax liability for the tax year with the tax authority , so we monitor and minimize the number of open tax years where final agreement has not been reached.