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Thailand
ILCT Ltd.
On the 2nd of January 2024, the cabinet granted its approval for substantial tax reductions and exemptions on alcoholic beverages, marking a strategic initiative to fortify the tourism sector.
Kudun and Partners
The digital investment token is a fund-raising mechanism comparable to securities governed under regulatory framework of similar nature.
Tilleke & Gibbins
The Royal Decree issued under the Revenue Code B.E. 2481 (1938) on the Exemption from Taxes (No. 779) B.E. 2566 (Royal Decree No. 779), which came into force on August 16, 2023...
Tilleke & Gibbins
Self-reporting of customs violations in Thailand is normally carried out at the ports. However, in 2020, the Customs Department launched a campaign called the One Stop Service Program...
Tilleke & Gibbins
Apart from the general tax regime (which can include income tax, value-added tax (VAT), stamp duty and import duties), an aircraft or engine sales agreement is not subject to a specific tax or stamp duty.
Nagashima & Ohno Tsunematsu
On 9 June 2020, the Cabinet of Thailand approved a bill amending the Revenue Code to impose a value added tax (the "VAT") on overseas providers providing services through digital platforms...
Tilleke & Gibbins
Thailand's cabinet has approved draft legislation to impose a financial transactions tax (FTT) on securities trading in the Stock Exchange of Thailand (SET).
ILCT Ltd.
Thailand is a popular destination for expats and retirees from around the globe. If you're a foreigner living in Thailand, or with properties or ties in the country, it is important to know what type of income is subject to taxes under Thai laws.
ILCT Ltd.
Digital assets pursuant to the Emergency Decree on Digital Asset Businesses B.E.2561 (2018) consist of cryptocurrencies and digital tokens ("Digital Assets").
Formichella & Sritawat
According to the Thai Securities and Exchange Commission, investors had opened only 170,000 accounts with an exchange or digital asset trading center licensed by the SEC by 2020.
Tilleke & Gibbins
Business languages: Thai and English, and in some circles Japanese, several Chinese dialects, Bahasa Melayu, and other languages of South Asia.
Tilleke & Gibbins
The act will come into effect on September 1, 2021.
Frank Legal & Tax
On June 9th, 2020, the Thai Cabinet approved a draft amendment to the Thai Revenue Code which would impose a value-added tax (VAT) on foreign E-service providers and E-platform operators
Frank Legal & Tax
In light of the Covid-19 virus crisis that is causing the current economic downturn which is affecting businesses across the kingdom, The Royal Thai Government recently approved Phase One of a...
Fragomen
Immigration authorities at both the One Stop Service Center and the Immigration Bureau in Chaengwattana are requesting additional documentation to support long-term visa extensions and renewals.
Frank Legal & Tax
A newly enacted law, The Act for Exemption on Penalties, Surcharges, and Criminal Offenses and Support of Operations Under the Revenue Code BE 2562
PriceSanond Ltd
A new Excise Tax Act was enacted on 18 March 2017 and published in the Royal Gazette on 20 March 2017.
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