Cyber Roundup – August 2019
Key Cyber Events The following is a rundown of what happened during the month of July 2019. We welcome your comments, insights and questions. Capital One reported a breach impacting approximately 106 million individuals. 100 million are associated with U.S. accounts, while 6 million are associated with Canadian accounts. The bulk of the data disclosed […]
New E-Filing makes Payment Easier for Taxpayers and Enforcement Easier for TRD
On 18 July 2019, the Thai Revenue Department (“TRD”) issued a new Notification on Stamp Duty (No.59). This notification lists out payment methods and instructions for Stamp Duty payment on e-Instruments that came into effect on 1st July 2019. Stamp Duty compliance is often overlooked by many Taxpayers because it can be burdensome to manually […]
Cyber Roundup – July 2019
Key Cyber Events The following is a rundown of what happened during the month of June 2019. We welcome your comments, insights and questions. The New York State Assembly passed the SHIELD Act (Stop Hacks and Improve Electronic Data Security Act). The Act, if signed into law by the governor, will expand upon the existing breach […]
PKF China Immigration and Investment Update
Visual Capita released 2018 Migration Flow Map, showing how the high net worth individuals (HNWI) who has net worth more than million dollar changed their nationality in the last year. The green and red color is to show the country is entered or exited. Source: Visual Capitalist
UAE issues “economic substance” regulations
Introduction In December 2017, the European Union (“EU”) Code of Conduct Group on Business Taxation assessed the tax policies of jurisdictions with no or only nominal tax against the criterion of ‘economic substance’. The EU applies three listing criteria, which are aligned with international standards and reflect the good governance standards that Member States comply […]
Cyber Roundup – June 2019
Sometimes “sound bites” help us to remember actions we need to take. With this edition of Cyber Roundup, some readers might consider the following statements made in this issue as good advice which, if heeded, can help to secure your cyber peace of mind: Patching is one of the top items to focus on. Cybersecurity is […]
Hastily enforced TM30 in Thailand sows widespread confusion
The Thai Immigration Bureau recently announced the enforcement of TM30 rules requiring the owners of all properties in Thailand to report all foreigners residing/present overnight on their premises to the Immigration Bureau or a local Police Station within 24 hours. The Immigration Bureau at Chaengwattana first announced the new enforcement regime for these long-standing regulations […]
Cyber Roundup – May 2019
Continuing our journey towards Thailand 4.0. In this months edition, a worrying trend of cyber attacks on education facilities, and the usual other litany of digital skullduggery and cyber intrigue, many of which featured sophisticated ransomware attacks. Key Cyber Events The following is a rundown of what happened during the month of April 2019. We […]
Cyber Roundup – April 2019
Continuing our journey towards Thailand 4.0. The weaponization ─ and subsequent monetization ─ of electronic data is clearly on display in this our second anniversary edition of Cyber Roundup. The right data can be hijacked for ransom, can be used to target the location of family members, and can be manipulated to alter medical implant […]
Maximizing a business’ value requires a sound strategy, shrewd management and advance planning
Many business owners share the same dream: one that begins with a simple knock on the door. They open it to encounter a well-funded buyer presenting an extravagant, unsolicited offer to buy their company. Yet, as appealing as this scenario may seem, it is rarely the route to a top dollar sale. Instead, maximizing a […]
