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

06 January 2021

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Approved Changes

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Myanmar

The Myanmar government has provided further deadline extensions and exemptions due to the ongoing impacts of the COVID-19 pandemic. This includes that the deadlines for the quarterly advance income tax payments normally due by 31 March, 30 June, 30 September, and 31 December 2020 are extended to 31 January 2021 for SMEs and other qualifying businesses in the hotel, tourism, and certain other sectors (March, June, and September payments previously extended to 31 December 2020). Further, monthly commercial tax payments (March to December 2020) can be postponed up to 31 January 2021 and the 2% advance income tax on exports...