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.
Healthcare and Pharmaceutical Working Group meeting with Fiscal Policy Office
On Tuesday 16th June 2020, EABC Healthcare and Pharmaceutical Working Group had meeting with Miss Ketsuda Supradit, Deputy Director General of Fiscal Policy Office and Representative from The […]
Virtual roundtable on Industry and Intermediary cooperation against online IPR infringements in Thailand
On Friday 12th June 2020, Mr.Franck Fougere, Chairperson of Intellectual Property Rights and Mr. Bob Fox, Chairperson of Digital Economy/ICT Working Group has presented and shared sharing information on the issues and challenges faced by IPR owners in Thailand in terms of online infringements in the “Virtual roundtable on Industry […]
ASEAN’s Fight Against COVID-19: A European Perspective
Dr. Charanya Nopnukulvised, Operations Director of EABC was one of panelists in Inter-Chamber Webinar on ASEAN’s Fight Against COVID-19: A European Perspective organised by The EU-ASEAN Business Council […]
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 […]
