• Tax

    In collaboration with a leading local accountancy firm, OBG provides an overview of the tax system, including information on corporate, sales and income taxes. Other topics include repatriation of profits, capital movements, investment incentives, Customs duties and free zones.
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MAJOR TAX CATEGORIES INCLUDE THE FOLLOWING: undefined • Corporate income tax: Entities incorporated in Thailand are subject to tax on worldwide income. Foreign incorporated companies are subject to tax on income derived from business activities in Thailand or certain categories of income paid from...

The Association of South-East Nations (ASEAN) is moving towards a more integrated and interdependent future with creation of the ASEAN Economic Community (AEC) by 2015, of which Thailand will be a part.

The main body of tax law in Thailand is the Revenue Code. Taxes under the Revenue Code are collected under a self-assessment system of taxation, whereby taxpayers assume responsibility for correctly filing their tax returns and paying taxes annually.

Chapter | Tax from The Report: Thailand 2012

In conjunction with BDO Advisory, OBG explores the taxation system. Andrew Jackomos and Paul Ashburn, Senior Partners at BDO Advisory, share a viewpoint on preparing for implementation of the AEC.

Located in the heart of South-east Asia, Thailand combines an ancient Buddhist culture with an emerging industrial economy. It is the only South-east Asian country never to have been colonised, and the monarchy dates back to the 14th century. 

Businesses are able to operate in Papua New Guinea in the forms of: sole proprietor; partnership; joint venture; trust; or company. This list is not exhaustive, as PNG landowners are allowed to form companies or trusts to hold their interest in resource projects. There are specific rules for such entities. CORPORATE ENTITY REGULATIONS Most...

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