Tax Newsletter JULY 2021
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 […]