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Legal Aspects of Restructuring Loans and Key Tax Updates in Myanmar
Manage episode 366238948 series 2934656
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If you missed our live webinar from 7 June 2023, here is another chance at listening to a recording of Legal Aspects of Restructuring Loans and Key Tax Updates in Myanmar by DFDL experts, Nick Towle (Regional Senior Adviser) and Diberjohn Balinas (Myanmar Tax Director).
The webinar came at a challenging time in Myanmar. The country’s recent political crisis, the government’s attempt to ‘de-dollarize’ the economy, and recent restrictions on foreign payments – all happening while recovering from the pandemic - have prompted investors, borrowers, and lenders to consider or restructure their loans in Myanmar.
The presentation included the following:
• Recent issuances by the Central Bank of Myanmar and relevant authorities affecting financing transactions in Myanmar.
• Common issues faced by lenders and borrowers in terms of documenting their restructuring, obtaining approval obtaining regulatory approvals, and getting their loans paid, and on how to mitigate those issues.
• Tax aspects on corporate finance restructuring.
• Recent tax updates (including annual tax compliance reminders for the financial year ended 31 March 2023).
Recording Date: 7 June 2023
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