Every country throughout the world, especially least developed and developing countries, strives for the development of all sectors such as nation-building endeavours in physically shaping the countries as well as mentally improving the citizens.
In this regard, these countries depend on various kinds of tax paid by dutiful taxpayer people and companies because all the nation-building tasks need to be operated with the funds or budgets.
Governments of global countries seek the best way for taxpayers in the smooth process of tax payment systems. Likewise, the government of Myanmar has arranged an easier and rapid process of tax payment system for the taxpayer companies and individual taxpayers.
Concerning the new system, the Department of Internal Revenue will launch the new tax payment system to be applied for taxpayers to be able to pay income tax for salaries of staff through electronic payment systems instead of a cash down or cheque as of 1 July in 2020-21 financial year.
The government allows the total amount of tax obtained from the taxpayer companies and the people to the budgets. Only when the tax payment system is easy and smooth will taxpayers pay full charges of respective taxes to the State without anxieties.
That is why taxpayers can smoothly apply mobile banking, mobile payment, MPU Debit Card and links with relevant banks for paying tax to respective tax offices and income tax for their staff members.
The taxpayer who has received taxpayer identification number-TIN can pay income tax, commercial tax, special commodity tax and gem tax to the banking accounts of relevant tax offices through the branches of Myanma Economic Bank.
The taxpayers who have opened bank accounts at private banks and foreign bank branches in Myanmar can also pay tax to the department by applying the CBM-NET of the Central Bank of Myanmar or https://onlinepayment.ird.gov.mm/etax with the use of MPU Debit Card.
In fact, taxpayers earn incomes in operating their businesses with the use of physical and mental strengths. They dutifully pay parts of their incomes as taxes to the State. The government allows the total amount of tax obtained from the taxpayer companies and the people to the budgets. Only when the tax payment system is easy and smooth will taxpayers pay full charges of respective taxes to the State without anxieties.
Taxpayers need better service in the tax payment systems. So, the government is responsible for seeking the best way for taxpayers.