The Corporate Tax Rate in Myanmar stands at 22 percent. source: Internal Revenue Department

Corporate Tax Rate in Myanmar averaged 24.63 percent from 2015 until 2022, reaching an all time high of 25 percent in 2016 and a record low of 22 percent in 2022. This page provides - Myanmar Corporate Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Myanmar Corporate Tax Rate - values, historical data and charts - was last updated on December of 2022.

Corporate Tax Rate in Myanmar is expected to reach 22.00 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Myanmar Corporate Tax Rate is projected to trend around 22.00 percent in 2023, according to our econometric models.

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Myanmar Corporate Tax Rate

Related Last Previous Unit Reference
Personal Income Tax Rate 25.00 25.00 percent Dec 2022
Sales Tax Rate 5.00 5.00 percent Dec 2022
Corporate Tax Rate 22.00 25.00 percent Dec 2022

Myanmar Corporate Tax Rate
In Myanmar, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Myanmar.
Actual Previous Highest Lowest Dates Unit Frequency
22.00 25.00 25.00 22.00 2015 - 2022 percent Yearly