BUSINESS

The importance of the effective date in tax laws

Business, Lawalliance Limited Company, Published on 08/08/2017

» The government of Prime Minister Prayut Chan-o-cha has passed a number of tax laws and regulations -- far more than its predecessors in the previous decade of political turmoil -- since coming to power in 2014. Keeping track of the enforcement of these new rules is complicated, as some have retroactive effect and some grant grace periods.