Showing 1 - 3 of 3
New provisions for tax breaks
Business, Tilleke & Gibbins International Ltd, Published on 10/01/2014
» Generally speaking, Specific Business Tax (SBT) is an alternative tax that is levied on certain types of businesses _ particularly those in the financial services sectors. It was first introduced in tandem with the value-added tax (VAT) regime in 1992. The method for collecting SBT can be likened to that of sales tax, which was used in Thailand in the previous incarnation of indirect tax collection, before VAT.
Real estate investment trusts in thailand
Business, Tilleke & Gibbins International Ltd, Published on 13/12/2013
» The evolution of real property financing in Thailand _ from primarily bank loans to rigid property funds to the proposed real estate investment trusts (REITs) _ reflects the liberalisation of the Thai market, the need for alternative funding options, and the need for the country to maintain its regional competitiveness.
Company directors face civil and criminal liability for software piracy
Business, Tilleke & Gibbins International Ltd, Published on 28/12/2012
» Company directors can be held liable for software copyright violations in their businesses, even if they are unaware that software piracy is taking place at their companies, according to Thai copyright law.