Mazars Thailand Technical Update – March 2016

Mazars Thailand’s Technical Update – March 2016 contains a number of interesting articles on Tax, Legal, Audit and Accounting that will be important to your business.

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.

Document

Technical Update_​March 2016