Total Tax Rate (As % of Commercial Profits) remained unchanged in Myanmar in 2018

Total Tax Rate (As % of Commercial Profits) (%)
Economy | Myanmar | May 17, 2019
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Excel Sheet

Total tax rate as a percentage of commercial profits reached 0.312 % in 2018 in Myanmar, according to the National Statistical Office. This is the same as in the previous year.

Historically, total tax rate as a percentage of commercial profits in Myanmar reached an all time high of 0.395 % in 2012 and an all time low of 0.312 % in 2017. When compared to Myanmar's main peers, total tax rate as a percentage of commercial profits in China amounted to 0.649 %, 0.521 % in India, 0.241 % in Laos and 0.295 % in Thailand in 2018.

Myanmar has been ranked 120th within the group of 172 countries we follow in terms of total tax rate as a percentage of commercial profits.

The total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits.

Total Tax Rate (As % of Commercial Profits) Unit 2010 2011 2012 2013 2014 2015 2016 2017 2018
Bangladesh % 35.8% 0.354% 0.354% 0.344% 0.344%
Cambodia % 0.226% 0.210% 0.210% 0.210% 0.210%
China % 63.7% 0.688% 0.686% 0.679% 0.682%
India % 62.8% 0.557% 0.555% 0.555% 0.562%
Japan % 49.2% 0.487% 0.503% 0.504% 0.488%
Laos % 0.314% 0.263% 0.258% 0.253% 0.262%
Malaysia % 0.346% 0.391% 0.393% 0.400% 0.400%
Myanmar % ... ... 0.395% 0.354% 0.340% 0.331% 0.319%
Pakistan % 39.1% 0.324% 0.326% 0.329% 0.334%
Russia % 54.1% 0.487% 0.489% 0.470% 0.474%
Sri Lanka % 0.553% 0.570% 0.554% 0.552% 0.552%
Thailand % 0.361% 0.287% 0.260% 0.268% 0.296%
USA % 46.4% 0.438% 0.438% 0.439% 0.440%
Vietnam % 0.353% 0.408% 0.408% 0.394% 0.394%