U Win Thin, Chairman, Win Consulting, on the ongoing revisions to Myanmar’s tax environment: ViewpointOBGplus
The excise tax regulating consumption is being removed from the Commercial Tax Law and is being presented to Parliament as a new tax law, known as the Special Commodity Tax Law. The old Commercial Tax Law will subsequently remain in force and will be administered only as a value-added tax/goods and services tax, which will be applied to the national tax base at a uniform tax rate. Myanmar has also…