Extension of deadline for filing transfer-pricing disclosure form for 2020

Keywords: Mazars, Thailand, Tax, Transfer Pricing Disclosure Form, Ministry of Finance, COVID-19

8 April 2022

Normally, the transfer-pricing disclosure form for the accounting period ending 31 December 2020 should have been filed within 150 days of the last day of the accounting period, i.e., 30 May 2021. However, due to the impact of the COVID-19 outbreak, a company or legal partnership may not have been able to hold a regular shareholders' meeting or to collect the shareholder information necessary for preparing the transfer-pricing disclosure form for 2020. 

Therefore, to alleviate the burden on a company or legal partnership thus affected, the Minister of Finance extended to 30 May 2022 the deadline for filing the transfer-pricing disclosure form for the accounting period beginning on or after 1 January 2020 and ending 31 December 2020.

For a company or legal partnership required to file the transfer-pricing disclosure form from 23 May 2022 to 30 May 2022, the extension of the deadline by an additional 8 days if filing online still applies.