As part of a global effort to curb tax avoidance and align with fair taxation standards, Thailand is preparing to implement the Global Minimum Tax (“GMT”) by 2025, complying with the Organization for Economic Co-operation and Development’s (“OECD”) framework. This initiative, spearheaded by the OECD and the G20 countries, introduces a minimum effective tax rate … Continue reading Overview of Thailand’s Implementation of the Global Minimum Tax (GMT) under Pillar II