Ministry of Planning, Finance and Industry Notification 3/2020

MOPFI

Republic of the Union of Myanmar
Ministry of Planning, Finance and Industry
Notification 3/2020

5th Waning of Wagaung, 1382 ME
7 September 2020

In accordance with a decision of the coordination meeting of the National-Level Central Committee on Prevention, Control and Treatment of Coronavirus Disease 2019 (COVID-19), held on 26 August 2020, the Ministry of Planning, Finance and Industry will continue its relaxation on financial issues, relaxation of taxes and financial support until the end of December 2020 to boost morale of the general public amidst COVID-19 crisis.
Regarding income taxes levied once in three months and monthly commercial taxes to be paid by CMP businesses, hotel and tourism businesses, and small and medium-sized enterprises for 2019-2020 Financial Year,
The income taxes for the second quarter of the 2019-2020 Financial Year (which will end on 31 March 2020), for the third quarter of the Financial Year (which will end on 30 June 2020), and for the fourth quarter of the Financial Year (which will end on 30 September 2020) can be paid by 31 December 2020.
The monthly commercial taxes for the period from March in 2019-2020 Financial Year to November in 2020-2021 Financial Year can be paid by 31 December 2020.

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