Tax Newsletter AUGUST 2021

DLO’S Tax Newsletter Issue 121 August 2564 Tax Law Update 1. Income Tax & value-add tax (“VAT”) exemption for a donation to National Vaccine Institute. 2. Extension of income tax & VAT exemption for importing COVID-19 prevention products for donations. 3. Tax measures to support a transfer of collateral assets for debt repayment. 4. Improvement on the criteria to write off bad debts from receivable account Tax News 1. Stipulating the criteria for a refund of withholding tax from interest through Electronic Withholding Tax systems Interesting Deka Deka (Supreme Court Judgement) No. 8376/2563 Between     Company Wor         Plaintiff           Customs Department     Defendant Issue: Power to sue in case the plaintiff appeal against the assessment of import duty and value added tax separately Tax Law update 1. Income Tax & VAT exemption for a donation to National Vaccine Institute.      The Royal Decree (No. 719) B.E. 2564 […]