Showing 131 - 138 of 138
Business, Lawalliance Limited Company, Published on 22/05/2012
» Ahead of the establishment of the Asean Economic Community (AEC), a number of trading companies in Thailand are looking to act as agents for overseas suppliers. Unfortunately, there is no guarantee the tax trend will always synchronise with the economic atmosphere, and you should be cautious before undertaking an agency role for an overseas supplier.
Business, Lawalliance Limited Company, Published on 08/05/2012
» Death and taxes are unavoidable facts of life. With the deadline for corporate income tax returns and the statutory limitation period for tax assessments looming, pending tax issues must be settled now, or else you can expect a tax dispute.
Business, Lawalliance Limited Company, Published on 24/04/2012
» The government is considering a reduction in personal income tax rates in order to remain a competitive jurisdiction within the Asian Economic Community (AEC) after the establishment of the single market in 2015.
Business, Lawalliance Limited Company, Published on 27/03/2012
» With the Asean Economic Community (AEC) drawing close, a long list of tax matters must be improved or modified to strengthen Thailand's economy prior to the freer flow of trade.
Business, Lawalliance Limited Company, Published on 28/02/2012
» In 2001, ex-PM Thaksin Shinawatra sold Shin Corp shares to Ample Rich Investment Limited, a company incorporated in British Virgin Islands. Five years later, Ample Rich sold the shares to the family's children at one baht a share one day before they sold them to Temasek in a big-lot sale on the Stock Exchange of Thailand at 49.25 baht a share, reaping a huge capital gain.
Business, Lawalliance Limited Company, Published on 14/02/2012
» In an attempt to promote the use of a trust under the Trust for Transactions in Capital Market Act B.E. 2550 (2007) (''Trust Act'') as a new investment vehicle in the stock market, the Thai cabinet approved an executive decree to grant certain tax incentives. Now, the decree has become effective and it is time for us to examine what has been offered to the investors so far.
Business, Lawalliance Limited Company, Published on 31/01/2012
» In our last column on Jan 17, we gave a brief overview of some of the tax-related issues Thailand could face once the Asean Economic Community is formed in 2015. Although it is still too early to judge the impact on the Thai tax environment after 2015, it is very important to start thinking about the country's tax approach and potential tax reforms in order to deal with the AEC ahead of time.
Business, Lawalliance Limited Company, Published on 17/01/2012
» In a globalised world like we're in today, going it alone is not a good idea. Few countries have the ability to bargain with others in the international arena on a one-on-one basis or to share with their neighbours resources such as geographical advantages, public facilities, raw materials, trade quotas, skilled labour, and tax and duty systems. This applies to Thailand and its fellow members of the Association of Southeast Asian Nations (Asean).