New 2015 Myanmar Corporate Tax Law Unveiled

Yangon Myanmar  Advertising Billboard 2014 Image David DuByneNew 2015 Myanmar Corporate Tax Law includes: New rates for cigarettes, alcohol, gems and electricity, IT and consulting +5% as Commercial Tax exemptions are scrapped, Income tax rate for branches, new rate 25%, Capital gains tax for non-residents slashed from 40% to 10%, Personal income tax for non-resident expats dropped to maximum 25%, Sale of buildings and construction Commercial Tax at 3%.  

New 2015 Myanmar Corporate Tax Law (VDBLoi) PDF