Showing 1 - 6 of 6
Accounting changes and the meaning of 'income'
Business, PwC Thailand, Published on 16/03/2018
» Two words usually come to mind when we consider the timing of income recognition. They are "risk" and "reward". Traditionally, the revenue of a contractor can be recognised once the risk and reward have been passed to the buyer. We are very familiar with this concept as it has been in place for more than a decade. However, changes are in the pipeline.
Proposed changes in corporate tax filing raise questions
Business, PwC Thailand, Published on 12/06/2017
» What if a company were required to file a corporate income tax return for each place of business using the same method as for filing a VAT return? As provocative as it sounds, the question is no longer hypothetical.
More investment incentives in pipeline as Thailand seeks to enhance competitiveness
Business, PwC Thailand, Published on 27/02/2017
» Thailand is introducing two new investment programmes -- Amendment No.4 of the Investment Promotion Act 2017 and the Competitive Enhancement Act for Targeted Industries 2017 -- aimed at enhancing the country's competitiveness on the world stage and maintaining a position as a major business hub within Southeast Asia for trade, investment and finance.
Secondment and tax: risks of sending employees to work in Thailand
Business, PwC Thailand, Published on 20/12/2016
» Seconding employees has become standard practice for multinationals. Companies get internationally experienced employees with the skills to work in many cultures. Employees get to travel and expand their business and personal worlds.
How to determine Related-Party loan rates
Business, PwC Thailand, Published on 19/03/2013
» Multinational companies generally fund their subsidiaries either through debt or equity. When debt funding is used, the subsidiaries pay interest back to the parents. Since the interest payments are generally tax-deductible, different interest rates charged between related parties will result in different effective tax rates faced by group of companies. This article aims to explore existing regulations and address what should be the appropriate interest rates charged between related parties.
Managing your mobile workforce: Frequent business travellers
Business, PwC Thailand, Published on 01/08/2012
» Global business expansion and the need to rapidly mobilise a talented workforce across borders have sparked a shift from traditional short- and long-term relocation assignments to a more heavy reliance on frequent business travel. In addition, companies are often shifting staff across borders to help meet key strategic needs and overcome talent constraints.