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Daily News / Lumber / Sawmilling / Asia & Middle East / Global
March 17, 2017

Myanmar: 10% tax on sawnwood exports starting April 1

Myanmar: 10% tax on sawnwood exports starting April 1
The Parliament in Myanmar has now confirmed the 10% Special Commodity Tax on all sawn timber export and local sales.    This tax and the zero tax on finished products will come into force 1 April this year. It is understood that the private sector and Forestry Department are now discussing what products are included in the term sawn timber.    A domestic newspaper, Yangon Times Journal, quoted a former Secretary of a timber association as contending that teak is itself a high value product so all teak products could be deemed high value ...

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