Author: Rattawut Chitchana

DLO’S Tax Newsletter   Issue No. 126 January 2022   Tax Law Updates The exchange of information pursuant to Section 10 Ter of the Thai Revenue Code (“TRC”) (The exchange of information pursuant to Tax Information Exchange Agreements (TIEAs)). Corporate income tax (“CIT”) exemption in equivalence to the expense paid for investments in electronic information arrangement, electronic information input, and tax remittance systems, and the fees paid to the service provider for electronic information arrangement, electronic information transfer, or tax remittance. The criteria, procedures, and conditions regarding the income tax exemption for the money paid as an expense of ex-offender employment. The extension of the tax measurement period to promote human resources development for Industry 4.0 The extension of the tax measurement period to encourage investment in automation The extension of the tax measurement period to encourage the employment of […]

DLO’S Tax Newsletter No. 120 – July 2021 Tax Law Update 1. Decreasing the withholding tax rate to 2% for the remittance via electronic system. Tax News 1. CIT exemption for The Stock Exchange of Thailand (“SET”) for the subsidy received from the Capital Market Development Fund (“CMDF”) 2. Tax measure for donations to Equitable Education Fund (“EEF”) 3. Tax measure to support donations for resolving the Coronavirus Disease 2019 (COVID-19) 4. Extending the duration of tax measures to encourage investment in southern border provinces Interesting Supreme Court Judgment Supreme Court Judgment No. 702/2552 (2009) Between     Company Dor.          Plaintiff; and           Revenue Department      Defendant Issue:      The interest assessment in case the company lends money without interest or with interest lower than the market value without justifiable ground Tax Law Update 1. Decreasing the withholding tax rate to 2% for remittance via electronic system Ministerial Regulations […]