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BUSINESS

CSR contributions and tax liability

Business, Lawalliance Limited Company, Published on 25/08/2015

» Every business entity is a part of society, and business growth is supported by the well-being of the community. For this reason, many companies return benefits to society by way of corporate social responsibility (CSR) projects -- for example, infrastructure providers such as water and electricity distributors often provide services free of charge to those who are needy.

BUSINESS

Change of guard at Revenue Department encouraging

Business, Lawalliance Limited Company, Published on 15/07/2014

» The last two weeks have been a honeymoon period for taxpayers wishing to see an improvement in the tax environment of the country. Whether such improvements will be permanent or temporary, only time will tell.

BUSINESS

By the book: Vat and thailand's ailing education system

Business, Lawalliance Limited Company, Published on 10/09/2013

» It was quite a shock to learn last week that Thai children's education is ranked eighth in Asean, behind Vietnam and Cambodia, by the Programme for International Student Assessment (Pisa). What does that have to do with our value-added tax (VAT) system? Allow us to explain.

BUSINESS

How the Thailand-Taiwan tax treaty could help you

Business, Lawalliance Limited Company, Published on 18/06/2013

» A news report last week about VAT fraud of 3.6 billion baht by more than 30 companies claiming exports of empty containers reminds everyone of the 1997 incident that misled the government to believe that Thailand's economy was still doing well due to healthy exports.

BUSINESS

Private schools need fairer treatment

Business, Lawalliance Limited Company, Published on 12/03/2013

» The status of all private schools in Thailand has changed since the Private School Act B.E. 2550 (PSA 2550) was passed in 2007 and became effective from Jan 9, 2008, but confusion and ambiguity remain on many fronts.

BUSINESS

Facts to know before claiming ltf and rmf tax benefits

Business, Lawalliance Limited Company, Published on 04/12/2012

» Toward the end of the year, there is always a rush by middle to upper-income earners to invest in Retirement Mutual Funds (RMF) and Long Term Equity Funds (LTF) to obtain the greatest tax savings possible for the current year and, at the same time, to maintain the previous year's tax exemption privilege.