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Article
Myanmar Mandates Income Tax On Nonresident Citizens' Salary Income
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...
MyanmarTax
Tilleke & Gibbins
Article
Myanmar's Union Tax Law 2023 Encourages Imports Of Electric Vehicles And Solar Panels
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.
MyanmarTax
Tilleke & Gibbins

Myanmar's Rules For Offshore Remittances Of Foreign Currency Take Effect

On April 25, 2023, Myanmar's Ministry of Planning and Finance issued a standard operating procedure (SOP) requiring entities and individuals remitting foreign currency equivalent...

MyanmarFinance and Banking

Tilleke & Gibbins

Summary Of Tax And Tariff Updates In 2022

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...

Tilleke & Gibbins

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