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Update on the Union Tax Law 2019

On 24 September 2019, Pyidaungsu Hluttaw (i.e., the Union Parliament) passed the Union Tax Law 2019 (“UTL 2019”). The UTL 2019 came into effect on 1 October 2019.
Download the client alert below as we discuss the key changes introduced by the UTL 2019, including:

  • Changes to the Income Tax Law
  • Changes to the Special Commodity Tax Law
  • Changes to the Commercial Tax Law
  • Gemstones Tax

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