Showing 1 - 5 of 5
Trump looms large in 2026 local outlook
Business, Wichit Chantanusornsiri, Published on 23/12/2025
» The global economy in 2026 is likely to continue to be shaped by US President Donald Trump's policies, especially concerning trade, with Thailand already affected by his tariffs policy.
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.
Tax reform efforts pose investment threat
Business, Wichit Chantanusornsiri, Published on 11/01/2022
» Major economies' attempts to revamp the global taxation system might tackle corporate tax avoidance but could also impact Thai tax incentives granted by the Board of Investment (BoI), said the Revenue Department's director-general Ekniti Nitithanprapas.