In the democratic transformation process of the Republic of the Union of Myanmar, tax revenues play a vital role in the state budget. The Internal Revenue Department (IRD) under the Ministry of Finance is trying its best to earn optimum revenue from two main sources: a direct tax, in the form of income tax; and an indirect tax, through commercial taxes on the growing...
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Interviews & Viewpoints | U Win Thin, Chairman, Win Consulting, on the launch of a new tax system: Viewpoint from The Report: Myanmar 2015
This chapter offers an overview of Myanmar’s tax system, examining how new laws and amendments are affecting the country’s business environment. It also features a tax viewpoint from U Win Thin, Chairman, Win Consulting.
Over the past few years Myanmar has experienced a number of dramatic transitions that have restructured its economy, rapidly changing its unique landscape and gradually enriching the social welfare of its people. These changes have placed modern-day Myanmar back on the international investment radar and have seen the nation coined “the Last Frontier”.
Articles & Analysis | Understanding the tax framework from The Report: Oman 2015
Tax is a key component of Oman’s effort to move forward with its development. Foreign companies and individual investors may establish operations in one of the following forms:
Interviews & Viewpoints | Kenneth Macfarlane, Country Senior Partner, PwC: Interview from The Report: Oman 2015
How can Oman use targeted tax reform to enhance its attractiveness as an investment destination?
Articles & Analysis | Free zones and special economic zone to boost investment from The Report: Oman 2015
Located on the south-east coast of the Arabian Peninsula, Oman enjoys a strategic location as a shipping and trading centre for markets in Europe, Africa and Asia.