Tax Insights: Thailand Corporate Tax Deductions for Investment in Machinery
On 20 January 2020, the Thai Official Gazette No. 137 introduced the Thailand Tax Royal Decree No.690 (issued under the Revenue Code regarding Revenue Exemption B.E. 2553) to give corporate entities a 50% additional expense deduction for investments made in new machinery. Corporate entities which operate the business of leasing […]
Revolutionizing Trade Finance with Blockchain Technology
This MPG article elaborates on the ways in which trade finance can be reshaped by blockchain. Cross-border trade transactions have been underpinned by trade finance instruments […]
EABC Visit to Vriens & Partners
On 7 Feb 2020, EABC visited Vriens & Partners to discuss about EU-ASEAN Business Council Mission Trip to Thailand, to be held on 17 – 19 […]
[Save the Date] EABC Annual General Meeting – 26 Mar 2020
Please save the date for EABC Annual General Meeting (AGM), to be held on Thursday 26 March 2020. Venue to be confirmed. Sponsors by:
TEBA & EABC – Automotive Working Group Meeting No.1/2020
The Automotive Working Group Meeting No.1/2020, among Thai-European Business Association (TEBA) and EABC – European Association for Business and Commerce, was held on 29 Jan […]
The Regulation of Transfer Pricing in Thailand
Transfer pricing determines the market price or tax valuation for cross-border or domestic transactions between related entities. According to section 71 bis (2) a ‘related entity’ means an entity (or a shareholder or partner of an entity) that holds directly or indirectly a minimum of 50% of the total share […]
