Myanmar Personal Income Tax Rate2022 Data - 2023 Forecast - 2013-2021 Historical

Name: Myanmar Personal Income Tax Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Myanmar,Personal Income Tax Rate,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Personal Income Tax Rate in Myanmar remained unchanged at 25 percent in 2020 from 25 percent in 2019. source: Internal Revenue Department

Personal Income Tax Rate in Myanmar averaged 23.13 percent from 2013 until 2020, reaching an all time high of 25 percent in 2016 and a record low of 20 percent in 2014. This page provides - Myanmar Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Myanmar Personal Income Tax Rate - values, historical data and charts - was last updated on October of 2022.

Personal Income Tax Rate in Myanmar is expected to reach 25.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Myanmar Personal Income Tax Rate is projected to trend around 25.00 percent in 2022, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Personal Income Tax Rate	25.00	25.00	percent	Dec 2021
Sales Tax Rate	5.00	5.00	percent	Dec 2021
Corporate Tax Rate	25.00	25.00	percent	Dec 2021

Myanmar Personal Income Tax Rate

In Myanmar, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Myanmar.