The New Union Tax Law 2019 – Does It Apply To Me Now?

October 17, 2018 - 9.00 AM-10.30 AM
Location: Pan Pacific Hotel, Yangon
Share this:
Banner Image
The New Union Tax Law 2019 – Does It Apply To Me Now?

Pan Pacific Hotel, Yangon, Myanmar

17th October 2018, 09.00am to 10.30am
Registration starts at 8.30am

Along with a new financial year, the Union Parliament (“Pyidaungsu Hluttaw”) has issued the 2018–2019 Union Tax Law (“UTL”).

Of particular interest is the major change regarding Specific Goods Tax (“SGT”), with a marked increase in SGT rates for liquor. On the other hand, Commercial Tax (“CT”) exemption is now in place for small off-grid power producers. Although these are some of the more prominent developments, there are several additional factors to wrap one’s mind around.

With substantial changes to the tax environment, knowing where one stands with regard to the UTL is more critical than ever.


  • What’s in store for taxpayers under the 2018-2019 UTL?
  • Commercial Tax (“CT”) exemption for small off-grid power projects
  • Things to watch out for when filing tax returns for FY2018 (the gap period)?
  • Update on Advance Income Tax (“AIT” )
  • Abolishment of 2% Withholding Tax (“WHT”) for resident taxpayers
  • Tax exemptions on projects implementing with Grant Aids and Official Development Assistant (“ODA”) Loans


  8.30am – 9.00am Registration and coffee
1 9.00am – 9.30am 2018-2019 Union Tax Law

  • Changes in SGT and CT
  • Interesting points to be aware of under 2018-2019 UTL
  • How to file tax return for FY2018 (gap period)?
2 9.30am – 10.00am

Other tax updates

  • 2% AIT abolishment for export?
  • Abolishment of 2% WHT for resident taxpayers and the implications
  • Types of projects entitled for tax exemptions and how to apply for such tax exemptions?
3 10.00am – 10.30am


Jean Loi, Managing Partner
Jean is one of the region’s most experienced tax and regulatory specialists with more than 12 years of experience in Indochina, Myanmar and Singapore. She has advised on a large number of project transactions and tax disputes in the specialties of structuring, power plant projects and oil & gas. As the managing partner of VDB Loi, Jean has extensive experience with projects related to the market entries of companies in the infrastructure, telecommunications and financial services industries in the region, as well as with supply chains. She lives in Yangon.
Honey Htun Wai, Senior Tax Manager
Honey has master’s degrees in accounting, finance and business development from Umea University in Sweden and a bachelor degree in Business Management from National Management College (“NMC”) in Myanmar. She is a senior tax manager and advising clients in a wide range of industries on tax compliance, accounting and payroll, financial and tax due diligence and tax structuring. Most recently, she has conducted financial due diligence on state-owned banks in Myanmar for its restructuring.
Ngwe Lin Myat Chit, Senior Tax Manager
Ngwe Lin is graduated with a master’s degree in finance from Umea University in Sweden and a bachelor degree in Commerce from the University of Newcastle, Australia. She has extensive experience in energy, communications and foreign investment. She is a senior tax manager in our Tax team, advising mostly multinational clients in a wide range of industries.
Please note that attendance is by registration only. To reserve a seat, please click here or contact Thiha Zaw at Since it is a short briefing, seats are limited and priority will be given on a first come first serve basis.


17 October 2018

09.00am to 10.30am

Pan Pacific Hotel,


Tax notes: Myanmar Union Tax Law 2018 updates

Corporate M&A Myanmar Update 2017

Click here to download

How Business Disputes Turn Into Criminal Cases: Investors Beware?

Registration is now closed!
If you have any questions, please contact Thiha Zaw (
Share this:
Website Security Test