On January 22nd, the Internal Revenue Department of Ministry of Planning and Finance announced a list of the top “50 businesses entities who paid the most Commercial Tax for the 2016-2017 Assessment Year”. International Beverage Trading Co.Ltd, Member Company of Grand Royal Group, was listed as No.6 in the list, as it had paid Commercial Tax under 20,000 Million MM Kyats.
Also, another category, top “50 entities who paid Under 2,000 Million MM Kyats in Income Tax for 2016-2017 Assessment Year”, placed International Beverage Trading Co.Ltd at No.30 in this category.
Myanmar Distillery Co.Ltd, another Member Company of Grand Royal Group, has already paid 57 Billion MM Kyats of Special Goods Taxes for 2017-2018 Fiscal year. Grand Royal Group is very proud to be recognized by the State and to be doing as per the Grand Royal Group motto to “Be A Good Corporate Citizen”.