Can the Thai Revenue Department Assess Interest on Unpaid Share Capital of Shareholders?
Understand the process regarding whether the Thai Revenue Department can assess interest on unpaid share capital of shareholders.
Withholding Tax on Employee Shuttle Van Services 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.
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.
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.
Companies or Juristic Partnerships Lending Money and Business Tax Issues
When a company or juristic partnership lends money to another party as part of its ordinary business operations, it is required to register for specific business tax
“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.
