MPG "Revenue Department Clarifies Transfer Pricing Regulations."

MPG would like to update about “Revenue Department Clarifies Transfer Pricing Regulations.”

On 16 November 2020, Ministerial Regulation No. 369 (B.E. 2563) Re: Adjustment of Income and Expenses for Related Companies or Partnerships was published in the Government Gazette. The Regulation clarifies transfer pricing rules and prescribes methods to be used by the Revenue Department in adjusting a company’s income and expenses.

Please read the full update HERE.