Showing 1 - 5 of 5
Trade upgrade
Business, Wichit Chantanusornsiri, Published on 03/06/2024
» Technological change, once a gentle breeze, is now sweeping through with much greater force, raising concerns about whether these advancements will disrupt Thailand's export sector, which accounted for 54.5% of GDP last year, excluding services.
A lever to capture corporate tax scofflaws
Business, Wichit Chantanusornsiri, Published on 23/05/2024
» Global tax reform efforts, led by the Organisation for Economic Co-operation and Development (OECD), have been building momentum since 2021, reaching agreement on one of the two pillars of tax reform: the establishment of a global minimum tax.
Draft law aims to curtail profit shifting
Business, Wichit Chantanusornsiri, Published on 20/05/2024
» The Revenue Department expects draft legislation to collect taxes from multinational enterprises (MNEs) to prevent the shifting of profit to subsidiaries located in countries with a lower tax base to be implemented in 2025, which estimates suggest will boost tax revenue by 12 billion baht per year.
Foreign firms in Hong Kong review operations after national security legislation
Published on 26/03/2024
» HONG KONG: Foreign companies in Hong Kong have been reviewing their operations since last year ahead of the now-passed domestic national security legislation, but they had already made major changes after the Beijing-imposed version came into force in 2020, corporate lawyers and consultants have said.
Business calls for action stations
Business, Post Reporters, Published on 28/08/2023
» Led by newly appointed Prime Minister Srettha Thavisin from the Pheu Thai Party, the government has set a record for the longest time taken to form a cabinet following an election, breaking the previous record of 108 days set by the Prayut Chan-o-cha administration in 2019, as the new government awaits official endorsement.