Tax Treatment of Capital Reduction in Thailand
A reduction of capital of a company or juristic partnership, only to the extent that the amount paid does not exceed the accumulated profits and reserves combined, shall be treated as assessable income.
Discounts and VAT: What Businesses Need to Know
It is well known that discounts used in the course of business operations can generally be classified into two types: trade discounts and cash discounts.
Withholding Tax Deducted Without Legal Obligation: How to Claim a Refund
Under Thai tax law, certain types of income are subject to withholding tax at source. However, not all payments fall within this obligation
Understanding e–Tax Invoice in Thailand
An e–Tax Invoice (Electronic Tax Invoice) is a tax invoice prepared in digital format, replacing the traditional paper-based document.
Crypto Tax Benefits Thailand – 5 Years of Tax-Free Cryptocurrency & Digital Token Trading
Explore the crypto tax benefits Thailand now offers: 5 years of tax-free profits from cryptocurrency and digital token trading. Learn how to qualify today.
Corporate Treasury Services
At PKF Thailand, we help companies identify and manage risks, improve financial performance, and unlock long-term value through insight-driven, technology-enabled solutions. We provide corporate treasury advisory services and, through partnering agreements with major treasury management system providers, leading edge technology solutions.
Impact of Inventory Shortages or Surpluses on VAT and Corporate Tax in Thailand
For VAT-registered businesses in Thailand, preparing and submitting accurate VAT reports within three business days is mandatory. Among these reports, inventory reports are legally required on a monthly or annual basis.
PKF Thailand Transparency Report 2025
PKF Thailand is pleased to present our inaugural transparency report for the year ended 30 June 2025. It provides an overview of PKF Thailand’s operations and gives insight on the ownership and governance of our firm, and our approach to maintaining high quality standards in our audit and other services.
“Royalties” Under Section 70 of the Thai Revenue Code
“Royalties” ค่าสิทธิ
Section 70 of the Thai Revenue Code
Section 70 of the Revenue Code stipulates that any payment of royalties made from or in Thailand to a company or juristic partnership established under foreign law and not carrying on business in Thailand is subject to withholding tax.
Pakpoom Chatayatorn
