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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