Month: May 2022

DLO’S Tax Newsletter Issue 128 March 2022 Tax Law Update Tax exemption for debtors for income gained from debt restructuring Tax News Corrective measures to the rules and conditions governing the payment of interest to tax refund recipients Tax measures to encourage attracting high-potential foreigners to Thailand Interesting Supreme Court Judgment Deka (Supreme Court Judgement) No. 7536/2554 Between        Mr. Sor.                                                Plaintiff; and The Revenue Department                         Defendant Issue:            Travel expenses paid at a flat rate in lieu of providing a company car are subject to PIT Tax Law Update  Tax exemption for debtors for income gained from debt restructuring Royal Decree (No. 742) prescribes an exemption from income tax, VAT, SBT, and duty stamp to debtors for income gained from debt restructuring according to the rules of the Bank of Thailand. For more details, please see: […]

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 […]