Author: parinyawatk

DLO’s Tax Newsletter                                                                                                                                                                                                                                                                     Issue 91 July 2018 Inside this Issue […]

DLO’s Tax Newsletter                                                                                                                         Issue 90 June 2018 Inside this Issue Tax Laws Update 1. Adding types of assessable income which are derived from holding digital tokens or transferring cryptocurrency or digital tokens as assessable income under Section 40 (4) of Thai Revenue Code. 2. Amending the rules relating to donations made to support educational institutions, including exemptions on income tax, value added tax, specific business tax and stamp duty for donors to educational institutions. 3. Income tax exemption for Companies or Juristic Partnerships by allowing the deduction of expenses paid out by corporate entities for training seminars held in second-tier tourism provinces of Thailand, with the deduction set at the rate of twice the actual amount paid out. 4. Income tax exemption for Companies or Juristic Partnerships which permits them to deduct expenses paid out for implementing […]

DLO’S Tax Newsletter   Issue 89 May 2018 Inside this Issue Tax Laws Update 1. Personal Income Tax (PIT) exemptions for income paid for shares or investing in companies or juristic partnerships, which is a new entrepreneur, in certain targeted industries.   Tax News 1.  Tax measures to support the merger of Thai commercial banks. 2.  The extension of tax measures encouraging natural persons to operate as Juristic Persons.   Interesting Deka (Supreme Court Judgment) Dika                   (Supreme Court Judgment) No. 576/2560 in re: Between            Mrs. Gor.                                              Plaintiff Revenue Department                            Defendant Issue:                 Whether personal income tax (PIT) in relevant to income or any other benefits received from a Provident Fund   Tax Laws Update 1. Personal Income Tax (PIT) exemptions for income paid for shares or investing in the company or juristic partnership, which is a new entrepreneur in […]

DLO’S Tax Newsletter   Issue No. 88, April 2018 Inside this Issue   Newest Laws Exclusion of income from other types of income to be included in the computation of tax Exemption of personal income tax  for the disabled who are foreigners and residents in Thailand Exemption of personal income tax on income paid as a service fee for conducted tour business and as an accommodation cost in a secondary tourism province   Tax News 1.       Tax measure to support the development of state welfare card holders Measure to tax digital assets Tax measure to support undertakings of the Land Bank Administration Institute (Public Organization)   Interesting Dika (Supreme Court) Judgment Dika (Supreme Court) Judgment No. 5552/2560 in re: Company Thor.                                     Plaintiff VS.                     The Revenue Department                                   Defendant Subject:             Liability (Tax Point) for value added tax payment in the writing-off of […]

DLO’S Tax Newsletter   Issue 87 March 2018 Inside this Issue Tax Laws Update Income tax exemptions for donations made to the Justice Fund. Corporate Income Tax (CIT) exemptions for income support received from Targeted Industries Fund.   Tax News 1.      Tax measures for donations made to the Research, Development and Innovation Fund. Tax benefit measures for investors who invest in start-up enterprises. Tax measures for minimizing the effects of the rising of minimum wage rates. Tax measures to promote the establishment of high potential foreign education institutions.   Interesting Dika (Supreme Court Judgment) Dika                     (Supreme Court Judgment) No. 2640/2560 in re: Between             Company Or.                                                           Plaintiff The Revenue Department                                     Defendant Issue:                   Value added tax in relation to pre-paid cards of online game   Tax Laws Update 1. Income tax exemptions for donations made to the Justice Fund. Royal Decree […]

DLO’S Tax Newsletter   Issue 86 February 2018 Inside this Issue Tax Laws Update The Revenue Department issues a new regulation regarding personal income tax (PIT) exemptions for paid health insurance premiums.   Tax News Extending the period for tax measures supporting new Small and Medium Enterprises (SMEs) (10 types of targeted industries). Tax measures supporting tourism and for the holding of training seminars in second-tier tourism provinces. Progress in the enforcement of the Local Maintenance Tax. Transfer pricing measures between companies or juristic partnerships that have a legal relationship. PIT exemption for disabled persons who do not have Thai nationality. Tax measures supporting childbirth. Tax measures supporting establishment of Day-Care-Centers whereby such centers shall be welfare for employees in companies or juristic partnerships. Tax measures supporting donations for health facilities under the Health Facility Act B.E.2541. Interesting Deka (Supreme […]

DLO’S Tax Newsletter   Issue 85 January 2018 Inside this Issue Tax Laws Update Personal income tax exemption for expenses related to health insurance premiums of taxpayers. Value added tax (VAT) exemption related to the import and sale of commemorative coins by the Department of Treasury.   Tax News Tax measures to achieve neutrality of tax in relation to income received from a deposit into an account that is operated according to the principles of Islam Update concerning the progress of the amended draft of the Land and Buildings Tax Bill.   Interesting Deka (Supreme Court Judgment) Dika                       (Supreme Court Judgment) No. 8745/2559, in re: Between                 Company B.                                                                   Plaintiff Revenue Department                                                    Defendant Issue:                     Whether the sale of shares for increasing the capital is deemed to be a prohibited expense in accordance with Section 65 Ter (9), (13) of the […]

DLO’S Tax Newsletter   Issue 84 December 2017 Inside this Issue   Tax Laws Update 1. Corporate income tax (CIT) exemption for expenses relating to buying or hiring for the development of a computer program. 2. Personal income tax exemption for expenses related to Goods or Services spent between November – December 2017.   Tax News 1. Tax aid measures for promoting donations made to the persons who suffered from the floods in 2017 (additional measures). 2. Tax measures for promoting donations made to educational institutions, which were established according to agreements made between the Government of Thailand and specialized agencies of the United Nations. 3. Tax measures for promoting the purchase of gold bars in the Gold Future Centre.   Interesting Deka (Supreme Court Judgment) Dika                       (Supreme Court Judgment) No. 7052/2559, in re: Between                Company G.                                                                   Plaintiff Revenue Department                                                    […]