The extension of Myanmar’s 5% commercial tax on previously exempt industries, which came into effect on April 1 2014, primarily applies to large and foreign corporations. Tax and industry professionals are generally positive about the changing tax regime, which augurs well for Myanmar as it attempts to create a competitive economy for foreign direct investment (FDI).
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
Chile’s revamped GAAR marks a shift toward structural scrutiny, pushing MNEs to strengthen tax governance, economic substance and compliance strategies
While the IBS incorporates taxable events previously covered by state and municipal taxes, its governance and operational logic represent a significant departure from the legacy model
MNEs now face a shift from modelling to execution as the side‑by‑side deal forces tax teams to upgrade systems, harmonise data, and prevent costly pillar two mismatches