Showing 1 - 10 of 20
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.
Stock fraud crackdown
Business, Wichit Chantanusornsiri, Published on 27/08/2024
» The Finance Ministry has proposed stricter laws to prevent stock manipulation that damages the market, whether conducted by domestic or foreign actors.
Exim Bank offers cheap loans to halal exporters
Business, Wichit Chantanusornsiri, Published on 07/08/2024
» The Export-Import Bank of Thailand (Exim Bank) has teamed up with the Islamic Bank of Thailand (IBank) to offer loans with interest rates lower than the prime rate to support the goal of becoming Asean's halal hub by 2028.
Pact aims to enhance capabilities of SMEs
Business, Wichit Chantanusornsiri, Published on 25/07/2024
» The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) has teamed up with the National Innovation Agency (NIA) to support entrepreneurs who have developed innovations by providing them with interest-free loans for a period of up to three years.
Low-cost rent policy targets low-income people, farmers
Business, Wichit Chantanusornsiri, Published on 29/06/2024
» The Finance Ministry has announced a policy to allot 260,000 rai of state land to low-income individuals and farmers at minimal rental rates.
Navigating new foreign income rules
Business, Wichit Chantanusornsiri, Published on 27/06/2024
» Benjamin Franklin famously said in reference to the US Constitution 235 years ago that only two things are certain in this world: death and taxes.
Cheap imports levied VAT from July
Business, Wichit Chantanusornsiri, Published on 22/06/2024
» The Royal Gazette has announced the Finance Ministry will begin collecting value-added tax (VAT) on all imported goods, including those priced below 1,500 baht, effective from July 5.
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.