Myanmar Clarifies Enterprises Subject to New Fiscal Year for Reporting Purposes

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 end…
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