February 2021
PDPA: We’ve had a year, are we ready?
The Personal Data Protection Act B.E. 2562 (“ PDPA ”) originally scheduled for enforcement in 2020, was delayed via Royal Decree , to be effective on 1 June 2021. With economic conditions only starting to recover from the impact of…
Moving to Agility
The rapidly changing and globalization of the business environment has constantly introduced innovative technology and knowledge to the marketplace. Hence, it is extremely challenging for companies to remain competitive. Over the past…
September 2020
Five minutes with...
Tell us about yourself I’m the Group Managing Partner and one of the founding partners of Baker Tilly Thailand and Baker Tilly Myanmar. I have over 25 years of experience in advising several hundred firms in business turnaround and debt…
Transfer Pricing News
On the 9th of September 2020, the Thai Revenue Department (“TRD”) released an announcement regarding the reduction of fines for late filing of transfer pricing disclosure form (the “Form”) from 200,000 Baht to 5,000 Baht, which shall be…
June 2020
Big VAT Changes for companies
On 9 June 2020, the Cabinet approved a draft act to amending the Revenue Code to collect value-added tax (VAT) from foreign electronic service (e-Service) providers and foreign digital platforms as proposed by the Ministry of Finance and…
May 2020
Tax Relief Update for May
On May 12, 2020, the Thai Revenue Department has launched a further extension of electronic tax filing (e-filing) for all businesses due to the COVID-19 situation. These tax relief measures will be applied on eligible tax month from…
Special Tax Measures
Due to the COVID-19 pandemic, some significant tax relief measures have been issued and summarized below. 1) Tax Compliance Thailand Tax Ministerial Notification (No.2) 2563 was issued on 31 March 2020, extending the due date for submission…
April 2020
Covid 19 Tax Relief Measures
Other tax measures introduced due to COVID-!9 include Additional tax deduction for SMEs' salary costs Small and Medium Enterprises (SMEs) are allowed to deduct 300% of actual salary expenses paid from April 2020 to July 2020 to employees
December 2018
Sustainable Transformation
Integrating a Lean Sigma Framework to your business goes beyond improving operations, but helping to embrace a learning mentality to navigate new business terrains. ่Technology is no longer considered as simply an asset, but a core enabler…
Tax News
On 10 October 2018, the Cabinet approved the draft Royal Decrees which ceased the Regional Operating Headquarters Tax Schemes (ROH1 and ROH2), International Headquarters Tax Scheme