International Headquarters: Tax benefits and BOI promotion

This post explains the International Headquarters and International Trading Center legislation and how to find out, whether this opportunity can be utilized for an efficient tax structuring in Southeast Asia. #ihq



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Boutique Cross-Border Tax Planning Law Firm of the Year Award 2017

Boutique Cross-Border Tax Planning Law Firm of the Year in Thailand Global Award by Corporate Intl Magazine



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Transfer pricing 4.0 in Thailand

The 2015 draft of the #TP rules had never been put into force. In September 2017 a new draft will be introduced to the public. Thailand 4.0 needs Transfer Pricing 4.0



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Tax structuring for BOI promoted companies

The BOI investment promotion offers tax holidays for many years. Nevertheless, a long-term tax structuring of BOI companies is essential.



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Tax amnesty and tax holidays in Thailand

August 2016: The tax amnesty will most likely be revoked for companies which fail to file the tax statements for the financial year 2015 until August 31, 2016. April 2016: Did your accountant and auditor provide you already with specific recommendations how to make efficiently use of the tax amnesty 2015 by cleaning up the balance sheet? If you don’t have an action list ready how to adjust the financial statements for 2015, you risk losing all the benefits from the SME tax amnesty. March 16, 2016: THE DAY AFTER. The deadline for tax amnesty and tax holidays elapsed. The registration website of the Revenue Department is now offline. What to […]



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VAT on export services

EXPORT SERVICES HAVE A ZERO VAT RATE IN THAILAND – GENERALLY Yes, generally, export services are VATable at a tax rate of 0% (Sect. 80/1(2) VAT Law). This covers consulting, administration, management, engineering, etc. provided from Thailand abroad. However, this general rule has three important exceptions: (1) Partly consumption by service provider in Thailand: The normal tax rate of 7% applies if the service is not fully consumed outside of Thailand. Even a very small portion of consumption in Thailand prevents the benefits of a 0% tax rate. If a law firm advises foreign clients and – to a small portion – persons in Thailand, or carries out tasks in Thailand […]



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