Myanmar Capital Gains Tax Guide 2026

Overview — CGT in Myanmar

Capital Gains Tax (CGT) in Myanmar applies to gains realised from the sale or transfer of capital assets including shares, securities, and property. The standard CGT rate is 10% of the net capital gain. For property, if the asset is held for more than 1 year, the gain is exempt from CGT. For shares and securities, CGT applies regardless of holding period. Capital gains are treated separately from ordinary income under the Myanmar Income Tax Law.

CGT on Shares — 10%

Gains from the sale of shares in Myanmar companies (both listed and unlisted) are subject to CGT at 10%. The gain is calculated as the sale proceeds minus the acquisition cost and incidental costs of sale. Share transfers between related parties must be at arm's length value. CGT on shares applies regardless of the holding period.

CGT on Property — 10% / 0% After 1 Year

Gains from the sale of real estate property in Myanmar are subject to CGT at 10% if the property is sold within 1 year of acquisition. If the property is held for more than 1 year, the gain is exempt from CGT. This exemption incentivises longer-term property investment. The gain is calculated as the sale price minus the purchase price and allowable improvement costs.

Calculation of Capital Gains

The capital gain is calculated as the difference between the sale proceeds and the acquisition cost, less allowable costs. Allowable deductions include the acquisition cost, legal fees and transfer taxes paid on acquisition, capital improvements, agent commissions, and advertising costs on sale. If the acquisition cost cannot be reliably documented, IRD may apply a deemed valuation.

Filing and Payment

CGT is declared and paid at the time the asset is sold. The seller must file a CGT return with IRD within 30 days of the sale. The tax must be paid at the time of filing. For property transactions, the CGT is typically handled through the registration process. Late filing attracts penalties and interest charges.

FAQs

Is CGT payable on the sale of my primary residence?

The 1-year holding period exemption applies to all property, including primary residences. If held more than 1 year, no CGT is due. If sold within 1 year, CGT at 10% applies.

How is CGT calculated if I cannot prove the purchase price?

IRD may apply a deemed valuation based on market rates or官方guidelines. It is important to maintain proper documentation of acquisition costs.

Does CGT apply to inherited property?

Inheritance is not a taxable event. However, if the heir sells inherited property within 1 year of the original owner's acquisition date, CGT may apply on the gain.

Disclaimer

This guide provides general information about Myanmar capital gains tax for the 2026-27 tax year. Tax laws may change. Always consult with a qualified Myanmar tax advisor or the Internal Revenue Department for advice specific to your situation. InvestmentKit does not provide tax advice.