Foreign Currency Conversion Method for Withholding Tax Payments

MPG would like to share the latest update about Foreign Currency Conversion Method for Withholding Tax Payments.  On 25 September 2020, the Ministry of Finance issued a Notification prescribing the method for converting foreign currencies into Thai Baht when remitting withholding tax under Section 3 Quattuordecim of the Revenue Code.

Please read the full update HERE.