The Sales Tax Rate in Myanmar stands at 5 percent. source: Internal Revenue Department

Sales Tax Rate in Myanmar averaged 15.71 percent from 2014 until 2020, reaching an all time high of 30 percent in 2015 and a record low of 5 percent in 2017. This page provides - Myanmar Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news. Myanmar Sales Tax Rate - Commercial Tax - values, historical data and charts - was last updated on July of 2021.

Sales Tax Rate in Myanmar is expected to reach 5.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Myanmar Sales Tax Rate - Commercial Tax is projected to trend around 5.00 percent in 2021, according to our econometric models.

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Myanmar Sales Tax Rate - Commercial Tax

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 30.00 5.00 2014 - 2020 percent Yearly

Myanmar Taxes Last Previous Highest Lowest Unit
Personal Income Tax Rate 25.00 25.00 25.00 20.00 percent [+]
Sales Tax Rate 5.00 5.00 30.00 5.00 percent [+]
Corporate Tax Rate 25.00 25.00 25.00 25.00 percent [+]

Myanmar Sales Tax Rate - Commercial Tax
In Myanmar, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Myanmar.