Belarus and Myanmar move closer to implementing their first-ever income tax treaty, with the House of Representatives approving ratification of the agreement that sets dividend withholding rates at 10-15%, establishes permanent establishment thresholds, and introduces capital gains taxation rules for cross-border investments.
The House of Representatives of Belarus (lower house) approved the draft law on 24 March 2026 to ratify the pending income tax treaty with Myanmar, by Resolution No. 292-P8/III, as published on the National Legal Internet Portal of Belarus.
The agreement, originally signed on 28 November 2025, covers Belarus’s corporate profit tax and individual income tax, along with Myanmar’s income tax.
The treaty establishes withholding rates of 10% on dividends for companies holding at least 25% equity for 365 days (otherwise 15%), 12% on interest with government exemptions, and 10% on both royalties and technical service payments. Source countries may tax gains from real estate sales, business property disposals, and shares deriving over 50% value from immovable property.
The treaty will take effect upon the exchange of ratification instruments. It will apply in Belarus from 1 January of the year following its entry into force, and in Myanmar from 1 April of the subsequent year.
The treaty will be submitted to the Belarusian Council of the Republic, the upper chamber of parliament, for further consideration and approval.
Earlier, the President of Belarus signed a decree approving a draft income tax treaty with Myanmar on 25 November 2025.
