Offshore Income Tax Update
The New Practice for Offshore Income Brought into Thailand
Understanding transfer pricing
Tax news: Thai National Legislation Assembly endorses Transfer Pricing Law
Following the public hearing in mid-2017 and final approval by the Thai Cabinet on January 2018, Thailand’s draft transfer pricing law sailed through the final reading session of the National Legislation Assembly on 27 September 2018. The law intends to create transparency, reduce profit shifting between related entities, and prevent double taxation issues in transfer pricing between related companies or enterprises.