Roundtable Meeting with the Revenue Department (RD), Ministry of Finance (MOF)

Roundtable Meeting with the Revenue Department (RD), Ministry of Finance (MOF) - Jan 17

Roundtable Meeting with the Revenue Department (RD), Ministry of Finance (MOF)

On January 17, AMCHAM President Ornkanya (Mook) Pibuldham of Bank of America and AMCHAM members, met with Vinit Visessuvanapoom, Deputy Director-General acting as Principal Advisor, Nirandara Prachaubmoh, Deputy Director-General and their team.

The Revenue Department team provided insights into the ongoing tax policies, including clarification on the documents required to support foreign-sourced income tax and an update on the OECD BEP Pillar II Global Minimum Tax model. They facilitated a discussion on transfer pricing adjustments, the audit process for Good Exporter and Registered Exporter applications, and merger and acquisition transactions. Both parties agreed to follow-up meetings to discuss technical issues throughout the year.

AMCHAM is ready to collaborate closely with the government to cultivate an effective and efficient Thai tax system, ultimately benefiting the Thai economy.

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