in Myanmar Clause Samples
in Myanmar. ( i ) in respect of taxes withheld at source, to the income derived on or after the first day of April in the fiscal year following the fiscal year in which this Agreement enters into force ;
( ii ) in respect of other taxes on income, to taxes chargeable for any year of assessment beginning on or after the first day of April of the second fiscal year following the fiscal year in which this Agreement enters into force and the subsequent years of assessment .
in Myanmar. (a) Where a resident of Myanmar derives income which, in accordance with the provisions of this agreement, may be taxed in India, Myanmar shall allow as a deduction from the tax on the income of that resident, an amount equal to the tax paid in India. Such deduction shall not, however, exceed that portion of the tax as computed before the deduction is given, which is attributable, as the case may be, to the income which may be taxed in India.
(b) Where in accordance with any provision of the agreement, income derived by a resident of Myanmar is exempt from tax in Myanmar, Myanmar may nevertheless, in calculating the amount of tax on the remaining income of such resident, take into account the exempted income.
in Myanmar. (i) The income tax imposed under the Income Tax Law 1974 (Law No. 7 of 1974);
(ii) The profit tax imposed under the Profit Tax Law of 1976; (Law No. 4 of 1976); (hereinafter referred to as " Myanmar tax ").
in Myanmar. The Project Venture where determined by the Parties, may operate developed property(s) as hotel(s), serviced apartments, and residential or commercial space for lease. The Project Venture shall also target for construction and development of large satellite townships, integrated with retail, commercial, health, school and other facilities.