Thailand: The move from LIBOR and TP – a Thai perspective
Andrew Jackomos and Rohit Sharma of HLB Thailand discuss the end of LIBOR which is likely to affect the tax structuring or planning of many multinationals. In determining interest rates for various debt instruments, including inter-company financing transactions, the most widely used interest rate benchmark has been the London Inter-bank Offered Rate (LIBOR). LIBOR is […]
Transfer Pricing Law Due Soon: Companies will be required to prepare TP documentation
By Stuart Simons and Kancharat Thaidamri , tax partners at Deloitte Thailand The Thai Government took another step forward in introducing transfer pricing law earlier this month with the Cabinet approval of a revised draft of the transfer pricing law. This revised draft follows the public hearing process conducted by the Thai Revenue Department (“TRD”) in July 2017 […]
