MYANMAR-IRD

Myanmar IRD Commercial Tax 5% e-Service.

Definition

Myanmar IRD Commercial Tax framework: CT 5% standard tax on sales of goods + provision of services, specific rates 5%-25% by goods (alcohol 60-120%, cigarettes 60%, autos 25-60%, oil products 25%, etc.). Notification Order Ministry of Planning & Finance regulates rates. Mandatory registration threshold MMK 50M annual turnover. e-Service Portal IRD launched 2019 (https://www.ird.gov.mm/) with: Online TIN Registration, Commercial Tax Return eFiling (CT-31), Income Tax Return eFiling (IT-08, IT-13), Online Tax Payment via banks. Post-coup political context 2021 slowed modernization. Tax Law and SGT Law amendments 2022-2023.

Origin

Myanmar IRD Union Tax Law 2014 ; Commercial Tax Law 1990 amended multiple times ; Special Goods Tax Law 2016 ; e-Service Portal launched 2019.

Example in context

Myanmar Posts and Telecommunications MPT (state telecom) files monthly Commercial Tax 5% via IRD e-Service Portal: MMK domestic telecom services, local billing system integration.

Related terms

• Laos MoF — Mekong neighbour.