Intelligence

Myanmar has issued amendments levying a new tax on nonresident Myanmar citizens' salary income. The State Administration Council (SAC) instituted the tax by amending the Union...

In Myanmar, a Union Tax Law is enacted each year to announce the rates of tax set out in the Income Tax Law 1974, the Commercial Tax Law 1990, and the Special Goods Tax Law 2016.

This article provides a summary of Myanmar's tax and tariff updates in 2022. Perhaps most prominent are the commercial tax, special goods tax, and tariff rate exemptions for battery...

The Myanmar government has taken steps to support local businesses by removing the need for withholding tax on domestic payments.