Taxes on Income, Profits and Capital Gains (As % of Revenue) fell to 12.9% in Myanmar in 2017

Taxes on Income, Profits and Capital Gains (As % of Revenue) (%)
Economy | Myanmar | February 1, 2019
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Taxes on income, profits and capital gains as a share of revenue reached 27.3 % in 1973 in Myanmar, according to the National Statistical Office. This is 16.6 % more than in the previous year.

Historically, taxes on income, profits and capital gains as a share of revenue in Myanmar reached an all time high of 27.3 % in 1973 and an all time low of 2.58 % in 1981.

Myanmar has been ranked 17th within the group of 46 countries we follow in terms of taxes on income, profits and capital gains as a share of revenue.

Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realised or not, on land, securities, and other assets.

Taxes on Income, Profits and Capital Gains (As % of Revenue) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Bangladesh % 22.3% 23.2% 24.5% 24.9% 26.9% ...
Cambodia % 12.2% 12.2% 14.2% 15.2% 18.2%
China % 24.9% 26.0% 28.3% 19.9% 20.6% ...
India % 43.4% 44.8% 46.6% ... ... ... ...
Japan % 47.7% 49.0% 51.0% 48.7% 46.9%
Laos % 15.7% 17.6% 15.7% 12.5% 13.5%
Malaysia % 51.1% 52.0% 52.0% 52.9% 46.4%
Myanmar % ... ... ... 7.56% 10.4% 10.0% 12.0%
Pakistan % 27.4% 28.8% 27.9% 24.5% ... ... ...
Russia % 1.70% 1.90% 1.72% 1.90% 1.90%
Sri Lanka % 16.6% 16.2% 17.8% 16.7% 18.0%
Thailand % 38.0% 36.9% 35.4% 33.8% 31.9%
USA % 52.8% 53.5% 51.1% 53.1% 54.1%
Vietnam % 35.1% 37.9% 35.5% ... ... ... ...