Myanmar Clarifies Tax Procedures for Transitional Period for Change in Fiscal Year

Myanmar's Ministry of Planning and Finance has issued Notification 64 of 5 August 2019, which clarifies the tax procedures for the transitional period for the change in the standard fiscal year from the 12-month period ending 31 March to the 12-month period ending 30 September. For tax purposes, the change was implemented for banks, financial institutions, and state-owned enterprises from 1 Oct…
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