To relieve the burden of living expenses and build confidence in the business sector, the Thai Cabinet resolved to approve the extension of the 7% VAT rate
Navigating the tax implications of working remotely in Thailand
Paul Ashburn and Anna Selina De Vera of HLB Thailand say new tax legislation may be needed for Thailand to cement its attractiveness as a remote working base and build on the long-term resident visa scheme.
Enhancing International Tax Transparency on Real Estate
At the behest of the Indian G20 Presidency, the OECD has compiled a comprehensive report into the status of tax transparency for foreign-owned real estate.
Thailand transfer pricing rules for secondary adjustments
Paul Ashburn and Amit Bhalla of HLB Thailand discuss the approach to ‘secondary adjustments’ under Thailand’s transfer pricing regulations.
Why do Foreign Pharmaceuticals & Medical Suppliers in Thailand Outsource Accounting Services to HLB Thailand?
HLB Thailand has built a robust reputation as one of the most trusted corporate accountants in the country. Here’s why foreign businesses operating in Thailand, especially pharmaceutical & medical supply companies, outsource their accounting tasks to HLB Thailand:
How Blockchain Technology is Changing Traditional Sectors Like Accounting
Blockchain technology, which is a decentralized database that promotes security and transparency, is gaining popularity in Thailand.
Thailand signs Multilateral Agreement on Exchange of Country-by-Country Reports
On 9 December 2022, Thailand became the 95th country to sign the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports.
Thailand’s LTR visa process explained
The LTR visa program has caught the attention of foreigners wishing to live in the kingdom because of the special benefits offered.
Tax implications of remote working in Thailand
While the idea of working remotely in Thailand is definitely appealing, it is important to be aware of the local tax regulations to avoid the risk of incurring additional tax obligations.
IFRS / TFRS 16 Leases guide
For many organisations, leasing is an important part of their commercial activities as it is a means of gaining access to assets