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In 2019 Myanmar’s Internal Revenue Department (IRD) pushed forward with two major reforms – a new tax law and a new tax administration law. The first of the two, the Union Tax Law (UTL 2019), passed by Parliament in September 2019, drew headlines for granting tax amnesty to citizens with undisclosed sources of income. The law brought other...

 

In what ways can the authorities encourage greater activity on the Yangon Stock Exchange?

Chapter | Economy from The Report: Myanmar 2020

Myanmar is now one of the fastest-growing economies in Asia Pacific, with a key geostrategic location,...

Chapter | The Guide from The Report: Myanmar 2020

This chapter contains a list of some of the country’s top hotels; contact details for embassies, ministries...

Chapter | Legal Framework from The Report: Myanmar 2020

This chapter examines the legal system of Myanmar, focusing on changes arising from the Myanmar Company Law...

Chapter | Accountancy & Tax from The Report: Myanmar 2020

This chapter offers an overview of Myanmar’s tax regime, including the provisions of Myanmar Income Tax Law...

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