Tax Due Diligence

The PKF Thai Tax team helps our clients succeed by providing personalized, tailored solutions with high quality service. We examine each client’s fundamental needs – and then go above and beyond to advise what the situation requires. We have a passion to make a difference and constantly strive to improve and strengthen the tax efficiency […]

VAT and WHT Refund Applications

VAT and WHT Refund Applications Where a Thai Company has excess VAT (input VAT over Output VAT during a period) or has excess withholding tax (WHT) that cannot be relieved against an annual corporate income tax liability – it has to apply for a VAT or WHT refund in order to get the money back. […]

Restructuring, Mergers, and Acquisitions

Restructuring, Mergers, and Acquisitions The PKF Mergers and Acquisitions Tax Team can assist buyers, sellers, owners, and investors with whatever they are planning to do; whether it involves restructuring a group of companies or operations, merging or consolidating companies, disposing or sale of companies, or acquiring a company, the PKF team can advise on the […]

Effective Time Management

Tick tock, tick tock …how fast the seconds, minutes, and hours race by. A distraction, a sudden phone call, a new more interesting email to deal with… these can all disrupt our work and before we know it, another few hours have been lost. Where does the time go!!! With only a fixed number of […]

Know your cookies | Know your privacy

It has only been a month since the introduction of the PDPA (Personal Data Protection Act) in Thailand and already we are seeing many companies immediately adapting to the new requirements with a ‘click here’ or ‘accept’ button appearing on their website. By clicking on such a button, the user is usually being asked to […]

Making More of Your Data

In today’s connected World, as companies, industries and countries recover from the rigours of Coronavirus, those that emerge fastest and strongest are likely to be data driven. Thoughtful use of data and analytics can help companies execute changes quickly and effectively in the market. PKF is able and ready to help clients address a range […]

New Guidelines: Individual shareholders can cause companies to be related

Thailand follows the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations (‘OECD Guidelines’), and as such, the Thai Revenue Code (‘TRC’) places reporting obligations on certain companies (and juristic partnerships) which have related party transactions. These can include a Transfer Pricing Disclosure Form, Local File, and Country by Country reporting. It is therefore […]

Are you ready for PDPA?

The Personal Data Protection Act or PDPA will come into force on 1 June 2022. With the introduction of the Act so close, your organisation should be preparing for its requirements. However, if your company hasn’t yet started preparing for the PDPA’s requirements, we suggest below four steps which could jumpstart the compliance process. Let’s […]

Update from the Thai Revenue Department regarding the Transfer Pricing Disclosure Form

On 28 March 2022, the Thai Revenue Department (“TRD”) published a Notification of Ministry of Finance regarding TPDF filing deadline extension for FY 2020. Moreover, the TRD also recently issued additional explanation and Q&A for the Transfer Pricing Disclosure Form (“TPDF”) on its TRD website. We have summarised key points as follows: TPDF filing deadline extension […]