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Changes of Tax Laws to Reduce Tax Evasion and Illegal Trade in Myanmar

On 11 March 2014, the Myanmar Parliament approved the following changes of tax law in order to boost Myanmar economy and to encourage taxpayers to comply with the tax laws. The reformation to the tax system primarily aims to minimize tax evasion in Myanmar by emphasizing tax benefits such as availability of public utilities. In addition, the punishment for non-compliance should be more focused. For example, most retailers in Myanmar avoid paying taxes on sales of alcohol because there is no reward for those who abided by the system or regular taxpayers would not be able to compete with non-taxpaying prices elsewhere.

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Changes of Tax Laws to Reduce Tax Evasion and Illegal Trade in Myanmar
 

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Additional Info

Field Value
Document type Analysis, discussion papers, and blogs
Language of document
  • English
Topics
  • Bar Association and legal aid services
  • Laws and regulations
  • Logging and timber
  • Taxation
  • Trade policy and regulation
Geographic area (spatial range)
  • Myanmar
Copyright Yes
Access and use constraints

© 2014 Deloitte Touche Tohmatsu Jaiyos Co., Ltd. Unless otherwise indicated in the relevant content, and on the condition that you comply with all of your obligations under these Terms of Use, you are authorized to view, copy, print, and distribute (but not modify) the content on this Website; provided that (i) such use is for informational, noncommercial purposes only, and (ii) any copy of the content that you make must include the copyright notice or other attribution associated with the content.
Version / Edition 2014
License CC-BY-3.0-IGO
Contact

Deloitte Thailand please contact Anthony Loh (Tax Partner) Tel. 02 676 5700 ext 5022 AIA Sathorn Tower, 23rd - 27th Fl., 11/1 South Sathorn Road, Yannawa, Sathorn, Bangkok 10120, Thailand Phone: +66 2 034 0000
Author (corporate) Anthony Loh, Deloitte Thailand
Publisher Deloitte Thailand
Publication date 2014
Pagination 3
Keywords V4MF,FLEGT,Tax Law,Illegal trade,tax reform
Date uploaded August 1, 2018, 21:15 (UTC)
Date modified October 16, 2018, 06:23 (UTC)