Thailand Changes its Statutory Interest Rate
Thailand has made significant changes to its statutory interest rate framework for the first time in almost a century. Since 1925, the... Read More
Thailand Introduces Fast-Track Trademark Renewal
On 1 March 2021, the renewal process for qualifying trademarks in Thailand got significantly faster, with the examination of applications and grant... Read More
Bank of Thailand Further Relaxes Foreign Exchange Controls for Outbound Investments
The Bank of Thailand (BOT) has amended foreign exchange (FX) controls, as part of its roadmap toward a “new Thai FX ecosystem,”... Read More
Thailand’s Revenue Department Issues Notification on Transfer Pricing Methods
On January 29, 2021, Thailand’s Revenue Department published the Notification of the Director-General of the Revenue Department Re: Income Tax (No. 400),... Read More
Thailand Enacts Law Imposing VAT on Foreign e-Services and e-Platforms
On 10 February 2021, the Act Amending the Revenue Code (No.53) B.E. 2564 (2021) was published in the Thai Government Gazette, amending... Read More
Thai Court’s Recent Recognition of Constructive Dividends
This legal article was published by Narit Direkwattanachai in regards to Thailand’s Revenue Department’s treatment of indirect payments to a shareholder as... Read More
New Type of Title Deeds
This legal article was published by Narit Direkwattanachai in regards to Thailand’s Revenue Department’s treatment of indirect payments to a shareholder as... Read More
Thailand Officially Reduces Land and Building Tax for 2021
The Royal Decree on Land and Building Tax Reduction (No. 2) B.E. 2564, which we previously noted was under consideration, has been... Read More