This chapter navigates Thailand’s tax regime, offering a guide to navigating tax laws relevant to businesses. It also explains key corporate duties and regulations as well as tax holidays and incentives on offer for investment. This chapter contains an interview with Andrew Jackomos and Paul Ashburn, Co-Managing Partners, BDO in Thailand.
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In its April 2018 Economic Monitor for Thailand, the World Bank reported that GDP growth accelerated to 3.9% in 2017, from 0.91% in 2014, 2.94% in 2015 and 3.23% in 2016. This was the fastest expansion since the 7.24% recorded in 2012, and was driven by strong global growth, increased export revenue and a modest recovery in private consumption.
Interviews & Viewpoints | Ricardo González Orta, Partner, Deloitte México: Viewpoint from The Report: Mexico 2018
During 2017 the economy experienced moderate growth, mainly due to dynamic consumer activity. Despite the fact that GDP is forecast to grow at a rate of 2.3% in 2018, up from 1.5% the previous year, Mexico is set to face some economic challenges in 2018. Trade negotiations between the US and Canada, as well as the federal elections in July...
Articles & Analysis | Impacts of global trend towards lower corporate tax rates on economies worldwide from The Report: Mexico 2018
Recent decades have seen a downward trend in corporate taxation, with headline corporate tax rates falling by 20 percentage points since the early 1980s. The average for advanced economies dipped to 22% in 2015, and investment incentives have further reduced effective rates for transnational corporations. After the 2007-08 global financial...
Articles & Analysis | An outline of Mexico's tax system for corporations and individuals from The Report: Mexico 2018
In 2017 Mexico’s GDP grew by 1.5%. GDP growth of 2.3% is expected in 2018. The latter compares positively against the projected average of Latin America economies, although it is lower than what was expected from the implementation of the structural reforms described below.
This chapter provides an overview of Mexico’s tax regime, covering areas of particular interest to investors such as individual and corporate tax liabilities, tax treaties, free trade agreements, and other investor considerations. This chapter contains an interview with Ricardo González Orta, Partner, Deloitte México.