7% VAT rate set to continue

Article

7% VAT rate set to continue

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

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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...

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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.

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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...

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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

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Tax benefits for long term resident (LTR) visa holders

There are many privileges provided to LTR visa holders. For Highly-Skilled Professionals, these privileges include a low personal income tax rate of 17%.

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Local compliance challenges of centralised accounting and tax functions

A shared service centre (SSC) is any centralised base of operations that takes over a role that was previously done by multiple localised departments.

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2022 Thailand Property Tax Update

The Ministry of Interior has issued a notification dated 22 June 2022 to extend the deadlines for payment of property tax for the 2022 year by 3 months.

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2022 Filing Deadlines Update

Summary of latest filing deadlines for 31 December 2021 tax returns and financial statements.

Article

Cryptocurrency taxation guidelines released

On 31 January 2022 the Thai Revenue Department released a comprehensive guide for individual taxpayers on the taxation of cryptocurrencies and digital tokens.

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