The Revenue Department has prepared a draft bill amending the Revenue Code relating to the improvement of income tax payment from investors investing in debt securities through mutual funds. The amendment was approved by the cabinet on 28 August 2018 and it is expected to be enforced in the middle of 2019. Consequently, provident funds investing in fixed income through mutual funds will be subjected to income tax while provident funds are directly investing in fixed income and still getti...

confidence and protection. With strong governmental support and adaptive strategies, Thailand is not only overcoming economic hurdles but also laying the groundwork for a resilient and dynamic future. This

(i.e. ASEAN PLCs that scored 97.5 points and above or 75% of the maximum attainable score of 130); and (iii) Top 3 PLCs in each participating country. ACMF will continue to collaborate closely with the