According to the annual specific goods tax revenue, the amount of specific goods tax in 2019-2020 fiscal year was over 1,266 billion kyats, a decrease of over 162 billion kyats from the same period of last year

According to the annual specific goods tax revenue, in the 2019-2020 fiscal year, the special excise tax was over 1,266 billion kyats, but more than 162 billion kyats less than the same period last year, according to the Central Statistics Office. It received 1266912.42 million kyats from October to September of the 2019-2020 fiscal year; 1429120.75 million kyats from October to September of 2018-2019 fiscal year; 604924.24 million from April to September 2018. In the fiscal year 2017-2018, from April to March, 1240214.11 million kyats. From April to March of the 2016-2017 fiscal year, it received 994235.73 million kyats. According to Myanmar’s annual trade tax revenue, in the 2019-2020 fiscal year, it received more than 2,110,187 million kyats in trade tax, but decreased by more than 146,000 million kyats from the 2018-2019 fiscal year, according to the Central Statistics Office. Published by Information Unit

According to the annual commercial tax revenue, 1877851.77 million kyats from April to March of the 2016-2017 fiscal year; From April to March of the fiscal year 2017-2018, 1974699.13 million kyats. 920,618.14 million kyats from April to September 2018; 2256770.20 million kyats from October to September of 2018-2019 fiscal year. From October to September of the 2019-2020 fiscal year, Ks 2,110,187.21 million was received, according to the Internal Revenue Department. Published by Information Unit. In the 2019-2020 fiscal year (October 2019 to September 2020), a total of 7969.397 billion kyats is expected to be collected from various taxes. 2227.964 billion kyats from commercial tax; 1348.541 billion kyats from special excise tax; 85.407 billion from office tax and stamp duty; It is expected to receive up to 165 billion kyats from the Aung Bar Lay Thein Prize.

Myanmar’s annual tax revenue was Ks 1683 billion in the 2011-2012 fiscal year. 3373 billion kyats in the 2012-2013 financial year; 4459 billion in the 2013-2014 financial year; 6518 billion kyats in the 2014-2015 financial year; 6315 billion kyats in the 2015-2016 financial year; 7122 billion in the 2016-2017 financial year; 7423 billion kyats for the 2017-2018 fiscal year; Between April and September 2018, Ks. 2792 billion; In the 2018-2019 financial year, 7791 billion kyats was collected. The ratio of tax revenue to GDP was 3.63% in the 2011-2012 fiscal year. 6.5% in the 2012-2013 financial year; 7.69% in the 2013-2014 financial year; 9.84% in the 2014-2015 financial year; 8.61% in the 2015-2016 financial year; 8.93% in the 2016-2017 financial year; In the 2017-2018 financial year, 8.21%; Between April and September 2018, 8.49 percent; 7.3% in 2018-2019 fiscal year and 6.61% in fiscal year 2019-2020 (original estimate).

Source: Daily Eleven

Tags: No tags