Myanmar Laws, Regulations and Policies
India Myanmar Tax Treaty cont'd
ODFDL
LEGAL & TAX
What Taxes are covered by the IMDTAA?
The IMDTAA covers income tax and surcharges in the case of India, and income tax
imposed under the Income Tax Law 1974 (Law No. 7 of 1974) in the case of Myanmar.
Generally, the tax rates prescribed within the IMDTAA are lower when compared to
the various domestic taxes.
A provision under the IMDTAA provides that those profits accruing from a
construction, assembly, or installation project will be taxed in the source state if the
project operated in that state for 270 days or more.
Under the IMDTAA, business profits will be taxable in the source state if the activities
of an enterprise constitute a permanent establishment in the source state. Examples
of permanent establishments include a branch, factory, place of management, and
sales outlet.View entire presentation