Foreign Currency Conversion Method for Withholding Tax Payments
On 25 September 2020, the Ministry of Finance issued a Notification of the Ministry of Finance Re: Exchange Rate of Foreign Currency into Thai Currency under Section 9 of the Revenue Code (“Notification”), which prescribes the method for converting foreign currencies into Thai Baht when remitting withholding tax under Section 3 Quattuordecim of the Revenue … Continue reading Foreign Currency Conversion Method for Withholding Tax Payments
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