Internal Revenue Department in Myanmar just released a new 2% income tax collection on nearly all imported and exported goods

June 7, 2013 by

Importers must pay an advance income tax assessment of 2% on the customs value of the goods for import.

Exporters must pay an advance income tax assessment of 2% on the value of all exported goods.

Implemented as from 14 June 2013

Income Tax 2% on Imports and Exports VDB-Loi Analysis

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