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GENERAL

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.

BUSINESS

GSB returns to paper for savings lotteries

Business, Wichit Chantanusornsiri, Published on 08/09/2021

» While Government Savings Bank (GSB) has been going digital, many of its customers, mostly elderly people, want the bank to continue to offer its savings lotteries in a paper format rather than a digital one.