bigger than that of SME pursuant to the Law on SME Promotion (for example, a company with revenue more than 300 million baht in the trading and service businesses) are eligible to raise fund by issuing and

participation in infrastructure fund. The SEC has requested the Revenue Department and the Department of Land to consider giving tax benefits for the fund and unitholders as well as reducing relevant registration

Prospectus System (MRAP)? for fund establishment. Listed companies? asset disposition to property fund, infrastructure fund or real estate investment trust (REIT) may impact their future revenue structure and

investment and management which is capable of managing REIT may seek an approval from the SEC to become a REIT manager. The SEC is currently in consultation with the Revenue Department on REIT tax regime to

of seeking the SEC?s approval.On February 1, 2013, the SEC issued a letter informing the DSI of the details of BTSGIF having investment policy to purchase the future net farebox revenue generated from

had revenue from providing services to related companies and the amount of profits with significant impact on the company?s financial statements. In addition, no record on evidence gathering or audit

cylinders determined by the Revenue Department as fictitious purchases. The SEC therefore notified PICNI to rectify the financial statements and satisfy the auditors with supporting information and documents

investment units in the portion yet to satisfy the minimum of 5 year investment.The said action was a violation of conditions prescribed by the Revenue Department, causing the client to pay back tax deductions

the client of FIFO criteria applied by the Revenue Department.  Accordingly, instead of the LTF investment units purchased in 2013, the selling order resulted in deduction of the units purchased two

?s purchase. The letter of guarantee on the Fund?s revenue prepared by him contains the conditions, not in compliance with the Fund scheme. Nukul also received some benefits from the property seller to