calendar years. Hence, the Revenue Department requested the return of tax amount previously deducted plus fines. {A} admitted that she did not review the client's redemption of BLTF units and thus did not

Department, extended the SEC congratulations to the Revenue Department on its 109th Anniversary. Mr. Somsak Anuntawat, Principal Advisor on Strategic Tax Administration (Energy Industry), gave a warm welcome

Pursuant to Section 6(3) and Section 8(1) of the Royal Decree No. 750 issued by the Revenue Department, any VC or PE Trust wishing to receive revenue tax exemption is required to notify its VC or PE

tax-saving fund that will support the government sector’s policy on promotion of the public’s financial well-being through long-term savings and investment. Essentially, to be eligible for the SSF

, registration fee, specific business tax, and stamp duty which related to the registration of land transfer. The local maintenance tax and property tax will be borne by the Company. Status of property At present

indirect impact of the COVID-19 epidemic on the economy. In a move to restore capital market confidence, the cabinet approved an additional tax privilege for people who purchase investment units in “SSF

found that the aforesaid investment consultants proceeded with the redemption of long-term equity fund (LTF) units for clients in breach of the conditions for receiving tax benefits despite warnings

April 2020,” added Ms. Ruenvadee.  On 10 March 2020, the Cabinet approved tax exemption on SSF investment for the general public on the condition that such SSF invests in listed securities on the Stock

allowed to offer only to any investors with a minimum subscription of 10 million baht. In addition, investment in infrastructure trust will obtain the benefit of tax neutrality. Upon receiving revenue

, largely representing main revenue contributor to INGRS. The variances of revenue by country for the 3-months period ended 30 April 2020 (“Q1 FY21) as compared to the 3-months period ended 30 April 2019 (Q1