Myanmar Tax Rates
Myanmar operates a progressive income tax system with rates from 0% to 25%, administered by the Internal Revenue Department. The standard corporate tax rate is 22%, and a 5% commercial tax (similar to VAT) applies to most goods and services. The country's tax system has been impacted by political instability since 2021, affecting enforcement and reform efforts.
Top Income Tax Rate
25%
Corporate Tax Rate
22%
VAT / Sales Tax
5%
Capital Gains Tax
10%
Detailed Tax Information
Income Tax Brackets
Myanmar's personal income tax applies progressive rates from 0% to 25%. Residents are taxed on worldwide income while non-residents are taxed on Myanmar-sourced income. The first MMK 2 million of annual income is exempt. Non-resident tax rate is 25% flat on Myanmar-sourced employment income.
| Income Range | Tax Rate |
|---|---|
| K 0 – K 2.0M | 0% |
| K 2.0M – K 5.0M | 5% |
| K 5.0M – K 10.0M | 10% |
| K 10.0M – K 20.0M | 15% |
| K 20.0M – K 30.0M | 20% |
| K 30.0M+ | 25% |
Corporate Tax
Myanmar's corporate income tax rate is 22% for resident companies. Companies in special economic zones may benefit from reduced rates and tax holidays. State-owned enterprises operate under different fiscal arrangements.
Standard Rate
22%
Capital Gains Tax
Capital gains tax in Myanmar is levied at 10% on gains from the sale or exchange of capital assets including land, buildings, vehicles, and shares. For oil and gas companies, the rate is 40-50% on gains from the transfer of interests.
Rate
10%
VAT / Sales Tax
Myanmar levies a commercial tax (similar to VAT) at a standard rate of 5% on most goods and services. Certain luxury goods are taxed at 8%. Essential goods including basic foodstuffs and agricultural products are exempt. The commercial tax is a single-stage tax rather than a multi-stage VAT.
Standard Rate
5%
Cryptocurrency Tax
Myanmar has not introduced cryptocurrency regulations or specific tax rules. The Central Bank of Myanmar has not recognized cryptocurrency as legal tender. Crypto transactions exist in an unregulated environment with no specific tax framework.
Tax Treaties
Myanmar has approximately 10 double taxation agreements. The treaty network is limited, reflecting the country's historical isolation and recent political challenges.
Treaty Network
10
Double taxation agreements
Major treaty partners:
Key Details
Relocate to Myanmar
See how much you could save by moving here from your current country.
+$22K
Tax in United States
$24K
24.4% effective
Tax in Myanmar
$2K
2% effective
You Save
91.8%
less tax annually
US Citizens: Important Note
US citizens are taxed on worldwide income regardless of residence. You'll still need to file US taxes, though the Foreign Earned Income Exclusion and Foreign Tax Credit may reduce your liability.
