Day: August 8, 2016

DLO’S Tax Newsletter Issue 68 August 2016   Tax Laws Update Tax Exemption on Personal Income Tax and Stamp Duty for Income Derived from Selling Immovable Property to a Foreign Government or International Organization Royal Decree (No. 614) B.E.2559 exempts personal income tax (PIT) and stamp duty on income derived from selling immovable property to a foreign government or an international organization, where such immovable property has already been handed over and paid for before the date that this Royal Decree has become effective, but has not yet had the transfer registered because the transfer was suspended by the official, thereby resulting in such registration and juristic act occurring after the date that this Royal Decree became  enforceable. This Royal Decree has been effective since July 2, 2016. For more details, please see: http://goo.gl/GWwiFs  Exemption on Income Tax for Donations […]