According to recent reports, the Myanmar government has issued a notice that banks and financial institutions must follow the new state fiscal year, which has been changed from the 12-month period ending 31 March to the 12-month period ending 30 September. With the new year, banks and financial institutions are required to complete all required reporting, including tax returns, for the year ending 31 March 2018 by the standard 3 months following the year-end, and again for the six-month transition period from 1 April to 30 September 2018. This also applies for state-owned enterprises. For other private enterprises, the prior...