Tax Section - Doing Business
You will find here a series of summaries providing an overview of useful tax regulations, processes and tax issues for Doing Business in Thailand.
Tax Ruling Services Provided Outside Thailand
Company A, which is incorporated under Thai law, wished to use the services of signal compression and signal transmission to satellites.
200% Allowance and Deduction for Donations
On 23 August 2013, the Director-General of the Revenue Department issued two notifications to prescribe rules and conditions on educational and sport donations which are eligible for a 200% allowance and deduction under the Royal Decree No. 558 and No. 559, respectively.
FATCA: Thai Cabinet Approves Draft
On 3 September 2013, the Cabinet agreed a draft negotiation framework for the cooperation in international taxation and the implementation of the Foreign Account Tax Compliance Act provisions between the governments of Thailand and the United States and passed to Parliament for further approval.
Tax Incentives to Promote Stable Economic Growth
On 6 August 2013, the Cabinet approved a package of measures for the promotion of sustainable economic growth. The following tax incentives were approved as part of the package.
Half-Year Corporate Tax Return Filing Reminder
Please be reminded that the deadline for filing a half-year corporate tax return (PND. 51) and paying half-year income tax is 2 September 2013 for companies or juristic partnerships whose financial year follows the calendar year that follow the calendar year, i.e. January to December.