Payment

• For a person who earns the income from salary, owner / department head / company manager shall pay by deducting income tax monthly.
• A person who received income from leasing land, building and apartment, if it  exceeds 50 millions kyats within a year, 5 % of commercial tax must be collected from lessee together and must pay advance commercial tax by tax payment challan form - patakha (kathakha) – 7. For income  tax,  it shall be paid within 21 days after receiving  the notice of demand form - patakha (wanga) -8  and tax payment challan form -  patakha (wanga) -19 from the relevant revenue office. Payment challan shall be received from the relevant revenue office.
• Taxable income tax received from capital gains must be paid within 21 days after receiving  the notice of demand form - patakha (wanga) -8  and tax payment challan form - patakha (wanga) -19 from the relevant revenue office.
• 4 % of taxable stamp duty on the value which is designated by the relevant assessor must be paid by a person who buys and builds assets and must draw the stamps at the relevant revenue office.

           (Description norms of the relevant assessor can be seen in “Norm” link.)

• For income  tax,  it will be paid within 21 days after receiving  the notice of demand form - patakha (wanga) -8  and for assessment, tax payment challan form -  patakha (wanga) -19 from the relevant revenue office.