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OECD’s pillar 1 Amount B: Will the Thai Revenue Department adopt?
TUESDAY, MARCH 19, 2024
It’s now over 10 years since the OECD/G20 countries adopted the Base Erosion and Profit Shifting (BEPS) Action Plan. This Plan comprises 15 Actions to address tax avoidance by Multinational Enterprises (MNE) which had arisen due to gaps in the operation of the international tax system given globalization and the digitalization of the economy.
No 1,000-baht tax to fly out of Thailand yet: Revenue Dept
SUNDAY, MAY 07, 2023
The Revenue Department defended itself on Sunday saying the proposal to smack Thais and expats with a departure tax was still at the public hearing phase.
Companies will be required to prepare TP documentation
SUNDAY, FEBRUARY 04, 2018
The Thai government took another step forward in introducing a transfer pricing (TP) law earlier this month with Cabinet approval of a revised draft of the law.