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Myanmar Provides Deadline Extensions and Export Tax Exemption for COVID-19

26 March 2020

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Approved Changes

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Myanmar

The Myanmar government has introduced certain tax measures to support the economy in response to the COVID-19 pandemic. This includes that the deadlines for the quarterly advance income tax payments normally due by 31 March and 30 June 2020 are extended to 30 September 2020. Further, monthly commercial tax payments can be postponed up to 30 September and the 2% advance income tax on exports is exempted up to 30 September.