Showing 1 - 5 of 5
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.
The morning after your major acquisition …
Business, PwC Thailand, Published on 24/04/2017
» Yesterday was one of the key highlights in your career as you closed the biggest acquisition in your company's history. The acquired business is only slightly larger than your company by revenue, but has 20% fewer employees. The market anticipates that the new enlarged group will grow by more than 150% from product extensions, cross-selling, and the key talent in the management team at the acquired entity.
The new Customs Act: What to expect and how to prepare
Business, PwC Thailand, Published on 27/03/2017
» After several years of discussions, the draft Customs Act was finally approved on March 9 by the National Legislative Assembly (NLA). It will replace and consolidate all current versions of the Customs Act 1926, and it is expected to be proposed for consideration by His Majesty the King within 20 days after NLA approval. Once approved and signed, it will be announced in the Royal Gazette and come into force within 180 days from the announcement date.
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.
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.