Myanmar's "Muwadi Daily" reported on December 19: According to the head of the Myanmar Jewelry Finished Products Inspection Office, starting this month, the jade tax will be levied according to its weight and texture to suppress the speculation of jade prices. The specific tax collection methods are as follows:
Jade bracelets (each): Class A 5000 kyats or $6; Class B 3,000 kyats or $3.5; Class C 500 kyats or $0.6; Class D 300 kyats or $0.35.
Jade slices (per kilogram): Class A 20,000 kyat or $25; Class B 10,000 kyat or $12; Class C and D 2,000 kyat or $2.5.
Wool cuts (per gram): Class A 200 kyats or $0.235; Class B 100 kyats or $0.118. Other jade beads and engravings are subject to taxation in kilograms.
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