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 […]
Personal Accountability for Improved Business Performance
Personal accountability within an organization improves corporate culture and boosts performance. Accountability at employee-level means taking ownership over individual performance – for mistakes as well […]
Mazars Technical Update – November 2019
Mazars Thailand’s Technical Update contains a number of interesting articles on Tax, Legal, Audit and Accounting that will be important to your business. This month’s […]
ROSEWOOD BANGKOK CELEBRATES THE MOST JOYOUS SEASON OF THE YEAR WITH “2019 WINER FESTIVITIES”
Beginning 1 December, ultra-luxury Rosewood Bangkok hotel greets the festive season with the “2019 Winter Festivities” series of special menus and experiences at three of […]
MAHANAKORN PARTNERS GROUP CELEBRATES’S 20TH ANNIVERSARY
On September 20th, 2019, the Mahanakorn Partners Group celebrated its 20th anniversary with over 200 guests from Royal Thai Government, high-ranking officials of the Royal Thai Armed […]
THAILAND TOBACCO PLAIN PACKAGING ACT (2019)
MPG Legal Department kindly shared with us their tax update on the Thailand Tobacco Plain Packaging Act (2019). The 2019 Act substitutes the 2017 Tobacco Control Act, which set the minimum age for purchasing tobacco products at 20 and banned tobacco advertising, sponsorship and promotion as well as the sale of single cigarettes. This new legislation […]