Thailand Joins the Multilateral Convention on Mutual Administrative Assistance in Tax Matters

Thailand Joins the Multilateral Convention on Mutual Administrative Assistance in Tax Matters

MPG would like to update that Thailand became the 137th signatory state to the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (“MAC”). Thailand’s participation in the MAC means that it must implement and comply with global agreements for the automatic exchange of information, such as the Common Reporting Standard and Country-by-Country Reporting, with the goal of preventing tax evasion and avoidance.

Please read the full update HERE.