Publications

Penalty and Fines in case of Importation of Restricted Items

For offences on the ground of bringing restricted items into Thailand under the 1926 Customs Act, Section 27 provides the penalty for each offence under a fine imposed in monetary terms at the rate...

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Publications

Goods with Import Restrictions

When goods are imported into Thailand, action must be taken to ensure compliance with the law. For goods without import restrictions, importers may ask for them to be inspected and released from the Customs...

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News

Conversion of IHQ/ROH to IBC

Due to Thailand’s participation in the Global Forum on Transparency and Exchange of Information for Tax Purposes and the Inclusive Framework on BEPS, the Ministry of Finance has decided to terminate all tax privileges...

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News

Implied Consent on Disclosure of Banking Information

On 3 May 2019, the Revenue Department issued an Announcement of the Director General concerning income tax (No. 346) requiring all commercial banks in Thailand to submit taxpayers’ information in all bank accounts to...

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Publications

30 June 2019: Last Chance for Amnesty-Like Program

On 26 March 2019, the Act on Waiver of Penalties, Surcharges and Criminal Charges for Encouragement of Tax Compliance under the Revenue Code (“Act”) came into effect to offer a waiver of the penalties...

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