Save the date: EABC Annual General Meeting
The 2020 Annual General Meeting (AGM) of the European Association for Business and Commerce (EABC) will be held on Thursday, 6 August 2020 at 10:00 hrs. at Oriental Residence, 110 Wireless Rd, Lumphini, Pathumwan, Bangkok. More information will follow next week.
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 […]
Two Updates on the Land and Building Tax Act
MPG update illustrates two Notifications and a Royal Decree related to the Land and Tax Act B.E. 2562 (2019). On May 29th, 2020, two sets of criteria for categorizing residential and agricultural property under the Tax Act were promulgated in the Government Gazette, while on June 10th, 2020, a Royal Decree was granted to […]
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.