Description

In late 2021, the OECD issued detailed guidance that promises to transform the world of corporate international tax. What will this mean for companies doing business in Thailand?
 
The proposals have two parts:

• Pillar 1 will reallocate taxing rights from where the profits are currently booked, to where the company’s customers are located – even if the company has no or limited activities in that country.
• Pillar 2 imposes a global minimum tax at 15% on multinational companies. We will discuss how these proposals will affect Thailand, including the impact on BOI incentives.

We will also give a primer on the previous round of BEPS actions introduced in 2015. Thailand has already introduced some of these actions, such as harmful tax practices, transfer pricing documentation and exchange of information.
 
Join us for this insightful session, presented by AMCHAM Tax Committee Co-Chairs John Andes, Partner, KPMG Phoomchai Audit Ltd., Jonathan Blaine, Director - Tax, DFDL (Thailand) Limited, and Jonathan Stuart-Smith, Partner - Tax, Mazars (Thailand) Ltd..

The committee leaders will update on the current situation and they will also discuss future initiatives and meeting agendas for the next meeting.