New Regulations for Filing and Paying Taxes Online
MPG update illustrates the Notification of the Director-General of the Revenue Department no. 17 on June 17, 2020, which describes regulations for the online submission of tax forms and payments through electronic payment systems. Please read the full update HERE.
BOT Clarifies Financial Measures to Assist SMEs
MPG update illustrates the Bank of Thailand’s four types of financial measures to aid small and medium enterprises affected by the COVID-19 crisis. Please read the full update HERE.
Functional Currency Guidelines for the Petroleum Income Tax
MPG update illustrates the Ministry of Finance’s Announcement on June 10, 2020, which sets rules and regulations for the adoption of foreign functional currencies for Petroleum Income Tax purposes. Please read the full update HERE.
Revenue Department Imposes VAT Legislation on Foreign E-Service Providers
MPG update illustrates the Revenue Department Announcement No. 35/2020, dated on June 9, 2020. The Revenue Department has proposed legislation that makes VAT registration compulsory for foreign e-Service providers and digital platforms with incomes exceeding 1.8 million baht per year. Such companies will also be liable for remitting VAT to the Revenue Department. […]
Deadline Extension for Transfer Pricing Disclosure Form Submission
MPG update illustrates the Ministry of Finance Announcement, dated May 29, 2020. The Ministry of Finance has announced an extension of the deadline for businesses to submit an online copy of the Transfer Pricing Disclosure Form. Only businesses who submit an online copy of the form will be eligible. Please read […]
Postponement of the PDPA Enforcement and PDPC Appointment
LawPlusUpdate updated a new article on the Postponement of the PDPA Enforcement and PDPC Appointment. For more information, please go to https://www.lawplusltd.com/2020/05/postponement-of-pdpa-enforcement/
