On 31 March 2025, the State Administration Council enacted the Union Taxation Law 2025 (Law No. 6/2025 or “2025 UTL”), which clarifies the tax rates and procedures for income tax, commercial tax, specific goods tax, and gemstone tax in Myanmar. The law is effective on 1 April 2025 or the start of the financial year 2025-2026.
The 2025 UTL closely mirrors the provisions of the Union Tax Law 2024, with only minor updates to the tiers and tax rates for certain specific goods.
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