Showing 1 - 4 of 4
Can inheritance tax work?
Business, Lawalliance Limited Company, Published on 09/09/2014
» Now that we have new cabinet ministers to drive the economy forward, the next expectation is for martial law to be lifted so that foreign investors and tourists can feel more comfortable about returning to Thailand. Meanwhile, the junta is determined to quickly show the people some signs of genuine reform, so it’s no surprise it has revived the idea of an inheritance tax (IHT).
Tax reporting of OTC share transactions
Business, Lawalliance Limited Company, Published on 24/09/2013
» The government is currently struggling with an important decision as to whether it should increase the value-added tax (VAT) rate to cope with the need to cover the rising budget deficit. As the increase will certainly have a negative impact on living costs, raise inflation and reduce domestic consumption, some government officials favour expanding the tax base as much as possible in lieu of increasing the VAT rate.
Infrastructure fund rules need tweaking
Business, Lawalliance Limited Company, Published on 06/11/2012
» On Nov 4, 2009, the Council of Ministers for Economics agreed that it was time for Thailand to have so-called infrastructure funds (IFFs) as proposed by the Finance Ministry. There is a strong belief that IFFS can stimulate the economy because they can mobilise money for major infrastructure projects such as expressways, railways, airports, telecommunication systems and alternative energy.
New law aims to promote investment through trusts
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.