Thailand

My family has lived in Thailand since May 1949 and I have been practicing law here since 1967 – that’s 50 years now. Thus, I see Thailand from the perspective of a long-term foreign permanent resident. Let’s take the military coup of May 2014; it’s the 13th coup I have witnessed. It and its predecessors all have much in common: all were...

Although Thailand in recent years has focused on creating a more forward-thinking, modern economy, ranking second only to Singapore in financial clout within the ASEAN block, the country’s agricultural sector still remains a crucial cog in the engine driving the country forward. It continues to capitalise on its long-standing farming tradition...

The major taxes imposed in Thailand are: Corporate income tax: Thai incorporated entities are generally subject to tax on their worldwide income, while foreign incorporated companies are subject to tax on income derived from carrying on business in Thailand or on certain categories of income paid from Thailand. The standard corporate tax rate...

Endowed with fertile soil, advantageous geography and historically favourable weather cycles, Thailand possesses many of the attributes necessary to fashion itself into one of the premier agricultural powerhouses not just in Asia, but throughout the world. Since before the creation of the modern kingdom of Thailand, farmers have been...

The decision of the Full Federal Court of Australia in Chevron Australia Holdings Pty Ltd (CAHPL) v Commissioner of Taxation [2017] FCAFC 62, handed down on April 21, 2017, has drawn considerable interest and may influence the OECD in its development of the Base Erosion and Profit Shifting (BEPS) guidance for the application of the arm’s...