Showing 91 - 100 of 111
Dealing with Withholding Tax on Loan Syndication
Business, Lawalliance Limited Company, Published on 17/06/2014
» From a tax standpoint, the Thai branch of a foreign entity is the same juridical person as the head office. With that in mind, some readers might be curious how this concept would come into play in determining withholding tax liabilities in a cross-border financing transaction.
Choosing the Right Price
Business, Lawalliance Limited Company, Published on 06/05/2014
» It is not always possible for everyone to please the taxman by charging what is considered to be the highest and best price upon entering into a transaction. Pricing strategies can be affected by various commercial factors, such as the benefits a business can derive from selling goods at a lower price to a reputable customer for marketing purposes or bargaining power.
Taxing Group Term Life Policies
Business, Lawalliance Limited Company, Published on 25/03/2014
» If you plan to buy a life insurance policy on your own, it’s not much of a problem from the tax aspect. Of course, you need to think a bit if the premium you are paying actually qualifies for the tax deduction up to 100,000 baht per year. The real concern in this case is that you are using your after-tax money to buy it, which is not very effective tax planning.
Court ruling on guarantee fees should bring more fairness
Business, Lawalliance Limited Company, Published on 11/03/2014
» Given the unsettled political situation, the country risk for Thailand is certainly on the rise. In line with basic business principles of diversification to spread risk, the private sector starts looking for opportunities to move business offshore and set up overseas subsidies. With the formation of the Asean Economic Community less than two years away, such strategies make good sense.
Finding the Least-Worst method of mobile app taxation
Business, Lawalliance Limited Company, Published on 19/11/2013
» Smartphones and tablets make your life easier, and there are many applications and content services that can be purchased and downloaded online.
Legal uncertainty poses risk for new partnerships
Business, Lawalliance Limited Company, Published on 13/08/2013
» Setting up an unregistered partnership to enter into a transaction such as providing services or leasing land plots has been a common technique for a long time. This year, things are going to change and require a closer look from the tax management perspective, especially when September is approaching and the half-year tax return needs to be prepared.
Group of persons or ordinary partnership?
Business, Lawalliance Limited Company, Published on 27/08/2013
» Tax fraud has been haunting a number of high-ranking officials under the supervision of the Finance Ministry. Lots of questions remain unanswered as to why huge refunds were so easily approved for dummy exporters, while small refunds usually take so much time and requires lots of paperwork, which seemingly is never enough to satisfy tax auditors.
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.
Big surprises await in revamped thailand singapore treaty
Business, Lawalliance Limited Company, Published on 30/07/2013
» After being in effect for more than 35 years, the Thailand-Singapore tax treaty is undergoing a major revamp.
The battle over boi tax treatment
Business, Lawalliance Limited Company, Published on 04/06/2013
» It is common nowadays to read about debates between the Finance Ministry and the Bank of Thailand over interest rates and economic figures. Similar spirited conversations have been taking place behind the scene about different topics between the Board of Investment (BoI) and the Revenue Department for quite some time.