Taxation in Burma

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According to the Union Taxation Bill for 2018-2019 FY submitted by the Ministry of Planning and Finance on behalf of the Union government, taxes levied on cigarette, cheroots and alcohols are raised.

Myanmar plans to offer an indefinite tax exemption to businesses that export 100 per cent of output, in a bid to boost the country’s exports and tackle a widening current-account deficit.

The Myanmar government will start to enforce a 5 per cent commercial tax on telecoms services on 1 June.

The government has received about Ks 100 billion per year in tax revenue from real estate sales, according to Ministry of Finance and Revenue.

Member of Parliament Khin Maung Yee says that tax evasion may become more frequent due to a significant tax increase in the Myanmar Stamp Act, which is being amended by the government.

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