Myanmar's headline corporate income tax (CIT) rate is 22.
The headline personal income tax (PIT) rate is 25.
The standard VAT/GST (or equivalent consumption tax) rate is 5 (commercial tax; no VAT). Registration thresholds, zero-rated and exempt categories, and reduced rates vary by jurisdiction - see the source link below for the full detail on this jurisdiction.
Corporate residence is determined by place of incorporation: companies incorporated in Myanmar are resident, confirmed via a KPMG-adjacent source. Resident companies (except MIC-registered companies) are taxed on worldwide income; non-resident companies and MIC-registered companies are taxed only on Myanmar-source income, confirmed directly via PwC. Distinctive finding: there is currently no definition of "permanent establishment" under the Myanmar Income Tax Act itself - in practice, Myanmar tax authorities collect withholding tax from non-resident foreigners on Myanmar-source income regardless of whether the foreigner has a PE or other taxable presence, confirmed directly via PwC; the PE concept only appears where defined within Myanmar's specific bilateral tax treaties. Separately, under the Union Taxation Law 2025 (UTL 2025), Myanmar has extended personal income tax to income received by non-resident Myanmar citizens in foreign countries, confirmed via a specialist 2025-2026 Myanmar tax booklet - a new citizenship-based taxation extension, with tax payable in the same foreign currency in which the income was received.
A 2013-dated tax profile states Myanmar has no formal transfer pricing regulations and no specific thin capitalization regime, but does not explicitly address CFC rules one way or the other, and this source is now over a decade old and was not independently reconfirmed as still current this session. This is a genuine gap rather than a confirmed absence - unlike the resolved case found for Mongolia elsewhere on this site, no more recent source addressing Myanmar's CFC status specifically was located this session.
Per the same 2013-dated source (flagged as potentially outdated): no specific thin capitalization regime existed as of that publication, though restrictions on interest deductibility applied, and a company's capitalization might be addressed within the specific licenses granted to it rather than through a general statutory rule. Current status was not independently reconfirmed this session.
No domestic FBAR/Form 8938-equivalent requiring Myanmar residents to self-report their own foreign accounts was identified. Notably, resident taxpayers with foreign-currency income must now pay tax in the type of currency actually received rather than converting to Myanmar kyat, confirmed via PwC - a relatively recent administrative change, though distinct from account-reporting specifically. Institutional-level CRS/FATCA participation is likely significantly constrained by current international sanctions and political circumstances, and was not independently confirmed this session. Separately and independently of local law, US citizens and Green Card holders with any Myanmar-connected financial accounts remain obligated to file FinCEN Form 114 (FBAR) once aggregate foreign accounts exceed USD 10,000, and potentially Form 8938 - and should independently verify current US sanctions and OFAC restrictions before any Myanmar-connected financial activity.
Distinctive and important structural feature, confirmed directly via PwC: there is no provision for unilateral relief from double taxation in Myanmar. Relief is available only pursuant to an applicable tax treaty, and critically, the application of Myanmar's tax treaties is at the sole discretion of the Ministry of Planning and Finance - treaty benefits are not automatically self-executing. A non-resident seeking treaty relief must obtain and submit a Certificate of Residence from their home country's tax authority and separately apply to Myanmar's Internal Revenue Department (IRD) for approval, confirmed via the Myanmar Tax Booklet 2025-2026. A comprehensive named-partner list was not compiled this session.