Showing 1 - 10 of 18
Fiscal decline expected to pressure Thailand over the medium term
Business, Wichit Chantanusornsiri, Published on 27/12/2025
» In 2026, the incoming government is likely to face a host of internal and external challenges, with Thailand's fiscal position a longstanding problem that has become more strained amid sluggish economic growth.
Cabinet approves support for firms hit by new tax
Business, Wichit Chantanusornsiri, Published on 03/09/2025
» The cabinet on Tuesday approved in principle the draft National Competitiveness Enhancement for Targeted Industries Bill to mitigate the impact of the so-called Top-Up Tax.
Unpacking the Top-Up Tax law
Business, Wichit Chantanusornsiri, Published on 11/01/2025
» The Top-Up Tax law is now being enforced in Thailand following its publication in the Royal Gazette.
Decree to ring in Top-Up Tax in 2025
Business, Wichit Chantanusornsiri, Published on 24/12/2024
» The government says it is committed to implementing an emergency decree for the so-called Top-Up Tax in 2025, with expectations of increasing state revenue by over 10 billion baht per year.
Law to tax income from overseas in the works
Wichit Chantanusornsiri, Published on 06/09/2024
» The Thai Revenue Department is drafting a law to tax the income of individuals residing in Thailand that originates from overseas.
Top-up tax draft heads to cabinet
Business, Wichit Chantanusornsiri, Published on 04/06/2024
» Draft legislation to collect taxes from multinational enterprises (MNEs) to prevent the shifting of profit to subsidiaries located in countries with a lower tax base is scheduled to be presented to the cabinet for approval in the next two weeks, says Deputy Finance Minister Julapun Amornvivat.
Trade upgrade
Business, Wichit Chantanusornsiri, Published on 03/06/2024
» Technological change, once a gentle breeze, is now sweeping through with much greater force, raising concerns about whether these advancements will disrupt Thailand's export sector, which accounted for 54.5% of GDP last year, excluding services.
A lever to capture corporate tax scofflaws
Business, Wichit Chantanusornsiri, Published on 23/05/2024
» Global tax reform efforts, led by the Organisation for Economic Co-operation and Development (OECD), have been building momentum since 2021, reaching agreement on one of the two pillars of tax reform: the establishment of a global minimum tax.
Draft law aims to curtail profit shifting
Business, Wichit Chantanusornsiri, Published on 20/05/2024
» The Revenue Department expects draft legislation to collect taxes from multinational enterprises (MNEs) to prevent the shifting of profit to subsidiaries located in countries with a lower tax base to be implemented in 2025, which estimates suggest will boost tax revenue by 12 billion baht per year.
Bid to close profit shifting loophole
Business, Wichit Chantanusornsiri, Published on 23/04/2024
» The Revenue Department is drafting legislation to collect taxes from multinational enterprises (MNEs) to prevent profit shifting to subsidiaries in countries with lower tax bases.