Myanmar’s NUG to launch alternative fiscal system

Myanmar’s NUG to launch alternative fiscal system

The Internal Revenue Department of the National Unity Government (NUG) has announced that citizens may complete an online “Form (A)” to pay a number of personal taxes from 15 February onward, reports DVB.

The NUG’s Ministry for Planning, Finance and Investment has identified the establishment of an external fiscal system as a key pillar of its budget, alongside its Spring Lottery and bond issuance schemes.

The NUG is gradually setting up alternative governmental structures in what is in effect a parallel government, challenging the rule and control of the Myanmar junta that grabbed power just over a year ago in a coup.

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