MPT tops commercial tax payers list in telecommunication sector

MPT tops commercial tax payers list in telecommunication sector
Published 31 January 2019
EMG

Myanma Posts and Telecommunications (MPT) topped the list of commercial tax payers on call charges over a three-year period with over K118 billion, according to Public Accounts Committee of the Union Parliament.

The committee said that Ooredoo Myanmar is the lowest commercial tax payer among three operators: MPT, Telenor Myanmar and Ooredoo Myanmar.

MPT paid over K40 billion in 2016-17 FY, over K53 billion in 2017-18 FY and over K23 billion in mini budget year with a total of over K118 billion in three fiscal years.

Telenor Myanmar paid over K29 billion in 2016-17 FY, over K28 billion in 2017-18 FY and over K14 billion in mini budget year with a total of over K71 billion in three fiscal years.

Ooredoo Myanmar paid over K55 billion in 2016-17 FY, over K15 billion in 2017-18 FY and over K6 billion in mini budget year with a total of over K27 billion in three fiscal years.

On the other hand, Myanmar Economic Corporation (MEC) paid over K947 million in 2016-17 FY, over K1 billion in 2017-18 FY and over K345 million in mini budget year with a total of over K24 billion in three fiscal years.

The government earned about K220 billion from four above mentioned companies in three fiscal years.