Global Trade Alert
Global Trade Alert

Myanmar: Advance income tax exemption on exports

Announcement

27 Mar 2020

In March 2020, Myanmar eliminated the 2 percent advance income tax on exports for the fiscal year 2019-2020.

 

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Oct 2019

Revocation date:

30 Sep 2020

Updated: 27 Mar 2020
Export tax

On 17 March 2020, Myanmar’s State Counselor announced a temporary elimination of the 2 percent advance income tax on exports until the end of this fiscal year to help business in handling the impac...

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