Tax Newsletter JULY-AUGUST 2017

DLO’S Tax Newsletter   Issue 79-80 July and August 2017 Inside this Issue Tax Laws Update 1. Reduction of the Withholding Tax rate for a taxpayer who receives income from a Juristic Person carrying on a target industry business (Western Thailand). 2. Tax benefit for capital expense for assets under the Royal Decree (No. 642) B.E. 2560 and the amendment of the conditions on capital expense for assets under Royal Decree (No. 604) B.E. 2559. 3. The Revenue Department issues a new regulation regarding preparation, delivery and storage of electronic tax invoices and electronic receipts. 4. Amending the rules for tax exemption on business transfers (natural person transfers to a new start-up) 5. Additional rules for corporate income tax exemptions on target industries in the Special Development Zone (South of Thailand – only for the provinces of Narathiwat, Pattani, and […]

Employer Obligations regarding Employee Health Check up

Employer Obligations regarding Employee Health Check up   In this article, we shall discuss employer’s obligations to provide their staff with a medical or health check-up. We will focus on a key Ministerial Regulation which prescribes the criteria and method for conducting a health check-up as well as other important requirements imposed by this regulation such as who must conduct such checks, what they need to cover and when must applicable employees undertake such health check-ups.   Ministerial Regulation Prescribing the Criteria and Method for Conducting a Health Check–up & Forwarding of Results to Labour Inspector B.E. 2547 (2004) This Regulation provides that employers who employ staff to undertake “risk factor related work” must provide these staff with a health checkup. The Ministerial Regulations define ‘‘risk factor related work” as work relating to the following: (1)    Hazardous chemical substances as […]