Mazars Thailand Technical Update – March 2016
Mazars Thailand Technical Update – March 2016
Keywords: Mazars, Thailand, Tax, Accounting, Legal, VAT, Songkran, PIT, CIT, SME
In the March 2016 update, we focus on.
Tax
- Extension of the deadline to file additional Value Added Tax (VAT) returns for January to March 2016
- Permanent corporate income tax rate of 20%
- Extension of the reduced personal income tax rate
- New SME tax rates
- Tax deduction for Songkran, and extension of the tax deduction for domestic travel and hotel expenses
Legal
- New proposal to allow some businesses to be conducted without having to obtain a Foreign Business License
Accounting
- Construction contracts
To get a complimentary copy of the Mazars Thailand Technical Update, click on the link below.