In an exclusive Q&A session with the Thai-Italian Chamber of Commerce (TICC), Mr. Giacomo Iobizzi, Secretary General, interviewed two leading experts on PDPA compliance: Ms. Werinorn Manphan, Counsel at the Corporate and Commercial Department of MPG, and Mr. Eddy Bellavoine, Chief Commercial Officer (CCO) at SafeComs. The discussion covered key challenges, best practices, and critical […]
On 23 January 2025, during the World Economic Forum in Davos, Switzerland, the European Free Trade Association (EFTA) and Thailand signed a landmark Free Trade Agreement (FTA), marking Thailand’s first trade agreement with a European bloc. This agreement aims to enhance trade, investment, and economic growth between Thailand and EFTA members—Switzerland, Norway, Iceland, and Liechtenstein. […]
On January 13, 2025, Thailand’s Cabinet approved significant updates to the Long-Term Resident (LTR) Visa program, reflecting the country’s commitment to attracting skilled professionals, global investors, and their families. These changes aim to foster increased foreign investment and support Thailand’s long-term economic growth. The new criteria will take effect upon publication in the Government Gazette, […]
The Easy E-Receipt 2.0 program, effective from January 16 to February 28, 2025, is a government initiative designed to offer personal income tax deductions for eligible purchases. Introduced under Ministerial Regulation No. 397 (B.E. 2568), this policy enables taxpayers to claim deductions using e-tax invoices and e-receipts issued by registered companies. This article outlines the […]
The recent election of President Donald Trump heralds significant potential shifts in U.S. international tax policy, particularly affecting American expatriates residing in Thailand. Historically, the United States has adhered to a citizenship-based taxation system, obligating all U.S. citizens, regardless of their residence, to report and pay taxes on their worldwide income. This framework often results […]
I. What is the Global Minimum Tax? The Global Minimum Tax (GMT) represents a transformative approach to international taxation, targeting multinational enterprises (MNEs). Initiated by the Organisation for Economic Co-operation and Development (OECD), the framework aims to enhance fairness, reduce tax competition between countries, and address profit shifting. Thailand is a signatory to this initiative, […]