Tax Section - Doing Business
You will find here a series of summaries providing an overview of useful tax regulations, processes and tax issues for Doing Business in Thailand.
Extension of deadline for filing transfer-pricing disclosure form for 2020
On 25 March 2022, the Ministry of Finance issued Notification No. 2 extending the deadline for filing the transfer-pricing disclosure form for 2020.
VAT and personal income tax exemption for trading cryptocurrencies or digital tokens
The rules regarding the taxation of trading cryptocurrencies is becoming clearer with VAT and personal income tax exemptions announced.
Personal income tax implications of cryptocurrency / digital tokens
Recently, the Revenue Department published guidelines on the personal income tax implications of benefits derived from cryptocurrency / digital tokens.
Personal Income Tax exemptions for Long Term Resident Visa holders
The Thai government is planning to provide personal income tax exemptions for expats under certain categories of the new Long Term Residence (LTR) visa.
Reduction of transfer and mortgage fees for residential property
On 17 January 2022, the Government published a notification of the Ministry of Interior in the Government Gazette to reduce the transfer fee from 2% to 0.01% and the mortgage fee from 1% to 0.01%.