Jun 18, 2013

Double-taxation deals in detail

An investor from, say, Indonesia profitably sells his shares in a company incorporated in Myanmar. Having done so, he is unhappy to hear that his capital gain is subject to an income tax of 40 percent in Myanmar. If the investor had been from Singapore, the rate would have been only 10pc or, in some cases, zero.

Why is that so?

To read the complete article, please click HERE

Source: Myanmar Times