Home » breakingnews » Investors get tax breaks under new Myanmar lawInvestors get tax breaks under new Myanmar lawFactories in Thilawa Special Economic Zone. Tags: Eleven Media GroupAll investors will get tax exemptions described in the new Myanmar Investment Law, the authorities have announced. It aims to reduce the role of the MIC [Myanmar Investment Commission]. Under the new law, not all investors will get tax exemptions while those who will invest in the country's crucial sectors will get tax holidays. For instance, if the government said the industrial sector needed more foreign investment, investors in that sector would get exempted from income tax payments.

Source: The Nation Bangkok October 09, 2016 08:15 UTC