The central bank of Norway has announced that it will cease to include the...
DFDL Myanmar: SAC Gives Tax Exemptions for Electric Vehicles, Increases Income Tax for Upstream Oil and Gas
On 17 November 2022, the State Administration Council (“SAC”) enacted the Law Amending the...
Myanmar IRD Issues Important Public Ruling on Tax Avoidance and Evasion
On 16 November 2022, the Internal Revenue Department (“IRD”) issued Public Ruling 3/2022, which...
Business Implications of FATF Blacklisting of Myanmar
The global Financial Action Task Force (“FATF”) on 21 October 2022 placed Myanmar in...
DFDL Myanmar Alert: New Organization Registration Law Enacted
New Organization Registration Law Enacted On 28 October 2022, the State Administration Council (“SAC”)...
Central Bank of Myanmar Allows Fuel Import Repayments in Chinese Yuan
On 30 September 2022, the Foreign Exchange Supervisory Committee (“FESC”) of the Central Bank...