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  • News & article

    Tax breaks commonly missed by expats

    Business, PwC Thailand, Published on 13/02/2017

    » You may be from a country where personal income tax deduction options are minimal. Thailand, on the other hand, has many tax relief options. Many expatriate employees may be missing out on the full relief they're entitled to, which could result in sizeable losses.

  • News & article

    Secondment and tax: risks of sending employees to work in Thailand

    Business, PwC Thailand, Published on 20/12/2016

    » Seconding employees has become standard practice for multinationals. Companies get internationally experienced employees with the skills to work in many cultures. Employees get to travel and expand their business and personal worlds.

  • News & article

    The morning after your major acquisition …

    Business, PwC Thailand, Published on 24/04/2017

    » Yesterday was one of the key highlights in your career as you closed the biggest acquisition in your company's history. The acquired business is only slightly larger than your company by revenue, but has 20% fewer employees. The market anticipates that the new enlarged group will grow by more than 150% from product extensions, cross-selling, and the key talent in the management team at the acquired entity.

  • News & article

    The future of work and the role of HR

    Business, PwC Thailand, Published on 13/01/2017

    » Innovation is creating new industries and the need for different business models. New technology and social networks are having a huge impact on how people communicate, collaborate and work. Workforces will become more and more diverse with multi-generational, multicultural, and multi-located employees, and will be very challenging to manage. The key question you should be asking is how these changes will affect the way you attract, retain and motivate talent in your organisation and how your Human Resources function needs to change.

  • News & article

    M&A: Making strategic acquisitions to achieve growth

    Business, PwC Thailand, Published on 25/10/2016

    » The Asean Economic Community is opening up the region to the free movement of goods and services, as well as the free flow of capital and labour. Concurrently, companies from the traditional developed economies that are experiencing little or no growth at home are seeking new opportunities in the growth markets of Southeast Asia. These forces are creating buy-side activity in the mergers and acquisitions market. Meanwhile, family-owned businesses are assessing increased competition, as well as more challenging management succession issues, which together drive sell-side considerations.

  • News & article

    The new Customs Act: What to expect and how to prepare

    Business, PwC Thailand, Published on 27/03/2017

    » After several years of discussions, the draft Customs Act was finally approved on March 9 by the National Legislative Assembly (NLA). It will replace and consolidate all current versions of the Customs Act 1926, and it is expected to be proposed for consideration by His Majesty the King within 20 days after NLA approval. Once approved and signed, it will be announced in the Royal Gazette and come into force within 180 days from the announcement date.

  • News & article

    Accounting changes and the meaning of 'income'

    Business, PwC Thailand, Published on 16/03/2018

    » Two words usually come to mind when we consider the timing of income recognition. They are "risk" and "reward". Traditionally, the revenue of a contractor can be recognised once the risk and reward have been passed to the buyer. We are very familiar with this concept as it has been in place for more than a decade. However, changes are in the pipeline.

  • News & article

    I don't think we need financial due diligence, am I wrong?

    Business, PwC Thailand, Published on 28/08/2017

    » Inside the war room of a large Thai conglomerate, there is an important decision to make: to gain a footprint in the US, the deal on the table appears to be a great opportunity. It would move the firm far ahead of its competitors and would also create significant value for shareholders.

  • News & article

    When shareholders can be taxed without earning income

    Business, PwC Thailand, Published on 26/06/2017

    » In principle, a capital reduction is a return of the original investment of the shareholders of a company and should not be regarded as their income. For an investment in shares, the income earned by investors would normally be in the form of dividends, capital gains or the amount of liquidation proceeds that exceeds the cost of the investment.

  • News & article

    Revival of the equity method in separate financial statements

    Business, PwC Thailand, Published on 22/05/2017

    » Businesses face a range of challenges to achieve sustainable and profitable growth. One survival strategy is to invest in other companies, or conduct mergers and acquisitions. This can help a business to expand its markets, reduce competition and costs, acquire new technologies and skills, and diversify its products, services and long-term prospects.

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