On 16 November 2020, Ministerial Regulation No. 369 (B.E. 2563) Re: Adjustment of Income and Expenses for Related Companies or Partnerships (the “Regulation”) was published in the Government Gazette. The Regulation clarifies transfer pricing rules and prescribes methods to be used by the Revenue Department in adjusting a company’s income and expenses. Transfer pricing regulations … Continue reading Revenue Department Clarifies Transfer Pricing Regulations