NAY PYI DAW, 22 Dec - The Union Government of the Republic of the Union of Myanmar issued Notification No.57/2011 dated 21 December.
The translation of notification is as follows:
The Republic of the Union of Myanmar
Union Government
Notification No.57/2011
Nay Pyi Taw, 11th Waning of Nadaw 1373 ME
(21 December 2011)
1. The Union Government has exempted Myanmar citizens living abroad from paying their tax in foreign currency out of their total income earned under the title of the salary of foreign currency according to Income Tax Law Section 5 Sub-section (b).
2. The notification is effective as of 1 January 2012.
By order,
(Tin Myo Kyi)
Secretary
Union Government
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