Showing 1 - 8 of 8
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.
PwC Thailand Symposium 2017: Dealing with disruption and adapting
Business, PwC Thailand, Published on 10/10/2017
» This year, the two-day PwC Thailand Symposium 2017 combines our previous annual conferences, Financial Reporting Update and Maximise Shareholder Value. This new event will align all accounting and tax changes.
When shareholders can be taxed without earning income
Business, PwC Thailand, Published on 26/06/2017
» In principle, a capital reduction is a return of the original investment of the shareholders of a company and should not be regarded as their income. For an investment in shares, the income earned by investors would normally be in the form of dividends, capital gains or the amount of liquidation proceeds that exceeds the cost of the investment.
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.
Tax breaks commonly missed by expats
Business, PwC Thailand, Published on 13/02/2017
» You may be from a country where personal income tax deduction options are minimal. Thailand, on the other hand, has many tax relief options. Many expatriate employees may be missing out on the full relief they're entitled to, which could result in sizeable losses.
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.
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.