Announcement 7/2020


Ministry of Information/ Naypyitaw / December 31, 2020


Republic of the Union of Myanmar

Ministry of Planning, Finance and Industry

Announcement 7/2020

1st Waning of Nadaw, 1382 ME

30 December 2020

Nay Pyi Taw

Notification to Taxpayers

1. The period for deduction of tax relief according to the Union Taxation Law 2019 for the incomes exempted from the income was announced up to 30 September 2020 at the latest. Due to this announcement, the taxpayers have crowded into branches of Myanma Economic Bank during the COVID-19 outbreak to be able to enjoy the deduction of tax relief in line with the notice ‘Payment to the bank not later than 30-9-2020’ on the tax payment challan form. The Ministry of Planning, Finance and Industry has issued Announcement 4/2020 for the extension of tax payment to 30 December 2020, not to occur crowds at these places.

2. For proper enforcement of the COVID-19 preventive rules among the public, the tax payment period included in the above-mentioned paragraph (1) will be extended to 31 January 2021.

Ministry of Planning, Finance and Industry

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