The Danish Ministerial delegation, led by Minister of Taxation Karsten Lauritzen paid a visit to Myanmar on 17-20 January 2019 The purpose of the visit is to exchange the viewpoint about tax policies and conditions for foreign companies in Myanmar. At the first day of the visit, Karsten Lauritzen paid a visit to Carlsberg, the […]
Danish Minister for taxation visits Myanmar
January 24, 2019 by Thiha
Filed Under: Latest News Tagged With: Anawma Group, carlsberg, Danish, Embassy of Denmark, Industrial Port, international brewery, Karsten Lauritzen, Mærsk Myanmar, Minister of Planning and Finance, Minister of Taxation, Myanmar, tax policies, Tuborg, Yangon Heritage Trust, Yangon Secretariat, Yoma, Yoma beer
ADB not worried about impact of technology on Myanmar jobs
May 15, 2018 by Thiha
Despite widespread automation of manual work functions, Myanmar jobs are not under “huge” threat by advancements in technology, economists at the Asian Development Bank (ADB) told the media during the organisation’s annual general meeting (AGM) in Manila on May 4. However, the government needs to monitor the impact of changing technologies on local jobs. Meanwhile, […]
Filed Under: Latest News Tagged With: ADB, ADB chief economist, ADB President, AGM, Asia, Asian Development Bank, auto mechanics, automatic sewing machines, car dealers, ICT, ICT infrastructure, information and communications technology, labour market, labour regulations, Manila, Mr.Takehiko Nakao, on-job training, re-training, skills development, social protection, T-Shirts, tax policies, Technology, vocational training, Yasuyuki Sawada, young entrepreneurs
Effective policy needed to tax income from digital advertisements
October 23, 2017 by Thiha
Myanmar’s policy for taxing digital advertisements is lagging behind technology advancement in the country. Therefore, new policies enabling the collection of taxes from online and social media platforms should be implemented as soon as possible to raise the government’s revenue, officials from Internal Revenue Department and businessmen told Facebook, which was introduced in Myanmar in […]
Filed Under: Latest News Tagged With: a member of the Digital Economy Development Committee, advertising revenue, Apple, Billboards, business advertisements, cash flows, Commercial Tax, digital advertisements, Digital advertising and marketing services, digital medium, Director General of Internal Revenue Department U Min Htut, Director of Myanmar Journalist Institute, European nations, Facebook, Facebook ad account, Facebook advertisements, Financial Times, goods and services online, Google, head of Amara Marketing Agency, Internal Revenue Department, IRD, Ma Chan Myae Khaing, magazines, newspapers, online and social media platforms, online app stores, payment via local banks, pharmaceuticals and cosmetics advertisements, tax income, tax policies, TV channels, U Sein Win, U Tun Thura Thet, withholding tax
Govt Measures Fail to Cool Yangon’s Overheated Property Market: Experts
September 7, 2013 by thiha
Property prices in Rangoon continue to soar and government measures to cool down the real estate market in Burma’s biggest city are failing to make an impact, according to property agents and economists. They said the government should revise its property tax policies in order to stop further price rises. Currently, real estate buyers can […]
Filed Under: Latest News, Property Report Tagged With: 37- percent tax, 500 per square foot, adjust, an Australian real estate consultant, an economic analyst (Myanmar Securities Exchange Centre), an economist, buyers, control, cool down, cut, Dala township, downtown, economic reform, economists, effective regulations, illicit funds, industrial zones, infrastructure, Khin Maung Nyo, Kyauktadar, Land Record Department, lax property sales, major changes, property agents, property tax system, real price, soar, Soe Thein, special economic zone, spiraling prices, sudden swings, Sule, survey, systematically and seriously, tax policies, tax system, Than Oo ( MD of the Mandine real estate agency), the government, the Internal Revenue Department, The president office’s minister, Thet Tun Oo, US$1
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