Further Guidance for interpretation on Foreign-Sourced Income
Previously, the Revenue Departmental Instruction No. Paw 161/2566 (“Paw 161”) regarding assessable income under Section 41 paragraph 2 of the Thailand Revenue Code (“TRC”) was p…
On 18 November 2019, the Director General has officially published the Transfer Pricing Disclosure Form (“the TP Disclosure Form”) in the Notification of Director General of the Revenue Department. The TP Disclosure Form is applicable from …
In this article series, Baker Tilly specialists define Agile, walk through its applications to internal audit and offer lessons learned through case study approaches.
Internal audit is in a state of transformation. In many industries, disruptions are bigger, coming faster and require responses that are quicker and more fluid. In this environment, internal audit must also adapt to be more flexible and agi…
Your company may now be eligible for extensive tax breaks which came into effect on the 1st of June 2019.
In a large shake-up of corporate tax laws in Thailand, the Thai Cabinet has introduced new laws which essentially abolish the tax mea…
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 (IHQ) and the International Trading Center (ITC) with a gra…
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 …
Integrating a Lean Sigma Framework to your business goes beyond improving operations, but help embrace learning mentality to navigate new business terrains.
่Technology is no longer considered as simply an asset, but a core enabler to any…
On 3 July 2018, the Cabinet approved the draft Royal Decree issued under the revenue Code which keeps the value added tax ("VAT") rate at 7% for another year.
The extension period of the 7% VAT rate (6.3% VAT and 0.7% local tax) will a…
Baker Tilly International has been named Outstanding Global M&A Service Provider at the highly regarded M&A Atlas Awards Global Market, recognising the network's dominance in transactions for the mid to small-cap segment.
Baker Tilly International has been named Outstanding Global M&A Service Provider at the highly regarded M&A Atlas Awards Global Market.
