Tax

Mission: The mission of the Tax Committee is to provide an effective forum to discuss tax matters relevant to members of the American Chamber of Commerce in Thailand, inform members of changes and requirements on individual and corporate tax matters, and advocacy on their behalf.

2022 Accomplishments:

• Government Roundtable with Ministry of Finance H.E. Arkhom Termpittayapaisith to address the issue of tax loss carry forward.
• Started quarterly Tax Committee meetings open to all AMCHAM members.
• Held an online webinar providing updates on Base erosion and profit shifting (BEPS) and the global minimum tax featuring a speaker from the Revenue Department.
• Hosted two tax briefings for US citizens filing their taxes abroad.

About the Committee:

• The Committee will continue with their quarterly Tax Committee meetings, to provide a forum to discuss tax matters relevant to AMCHAM Thailand members.
• The Committee will work to deepen their dialogue with the Thai Revenue Department and other authorities regarding Thailand’s tax laws and make representations on behalf of members, where appropriate.
• They will update their members on developments in US tax law and practice, in particular for US citizens residing in Thailand.
• The Committee will liaise with other Committees and Councils, including the Customs & Excise Council, to jointly advocate for members’ interests.