On September 9th, 2020, the Revenue Department announced a reduction in fines for businesses who submit the Transfer Pricing Disclosure Form (“Disclosure Form”) after the extended August 31st deadline. Businesses who exceed the deadline were previously subject to a fine of 200,000 baht; presently, they will be required to pay a fine of only 5,000 … Continue reading Revenue Department Reduces Fines for Late Submission of Disclosure Form