M&A Monthly Reports : August 2013

Taxes Revenue Department ruling is overstepping its legal boundary-Dividend case   Sometimes Revenue Department (RD)’s interpretation of the Revenue Code is being extended beyond its legal boundary.  A case at …

M&A Monthly Reports : July 2013

Taxes Half year tax reminder   August is the month to file half year tax (PND 51) for companies whose accounting cycle is January-December period according to Section 67 bis …

M&A Monthly Reports : June 2013

Tax New information requirements on VAT documents   On May 28, 2013, the Revenue Department has issued four new announcements regarding preparation of documents related to VAT 1)      Issue 194:  …

M&A Monthly Reports : May 2013

Tax New personal income tax rates update As there has been speculation that the new personal income tax rates may not be enforceable within this year due to long delayed …

M&A Monthly Reports : April 2013

Tax Withholding tax on service fee and royalty Tax payers and Revenue Department has been at odd forever over the nature of fees paid to offshore service providers.  If any …

M&A Monthly Reports : March 2013

Tax Related party loan interest rates In Thailand, there is no specific provision regarding how the interest rates of related party loans should be determined.  Nevertheless, there are some aspects …