Tax Services for Thai and International Tax Liabilities

Mazars advisory team can support you with all aspects of Thai and International taxes. As international consultants, we understand the complexities of working in a global economy.

In today’s dynamic business environment, tax compliance and planning are areas that are occasionally sidelined. Mazars advocates proactive planning and disciplined “housekeeping” i.e. the resolution of historic tax issues. We can help you with both.

Our advisory team has advised a multitude of clients and institutions both in Thailand and internationally. The combination of our integrated international structure and experienced teams ensure that you will receive clear, concise and practical advice.

There are six principal components to our advisory service. They are:

Strategic Planning 

Our team can provide specialist advice, including: due diligence, the review of onshore and offshore structures and the analysis of double taxation agreements with a view to minimising liabilities on cross-border transactions.

Investigations and refunds 

Managing investigations and processing tax refund claims in Thailand can be confusing, costly and time consuming. Mazars can support you by liaising with the Thai Revenue Department on your behalf, providing you with the confidence that you have the best advice and therefore enabling you to focus on your core business.

Our team has many years of experience working with the Thai Revenue Department and can help guide you through the investigation process as quickly and efficiently as possible.

Transfer Pricing

Transfer pricing, the price at which goods and services are sold between associated enterprises, is regularly acknowledged to be the most important tax issue facing multinational businesses.

It is widely recognised that it can provide excellent tax saving opportunities but it can also give rise to significant compliance issues. For these reasons effective transfer pricing policies are of fundamental importance to group tax and risk management strategies.

Our team can support you by minimising your potential exposure, identifying transfer pricing risks and drafting any required inter-company agreements. Working together with you, we can ensure that your transfer pricing exposure is managed efficiently and that your policies can be supported if challenged.

Tax Compliance

A wide range of tax compliance forms require preparation in Thailand. Our services include:

  • Preparation of personal income tax returns (PND 90, 91)
  • Withholding tax returns for employers (PND 1, 1 Gor)
  • Preparation of corporate income tax returns; half-year & annual (PND 51, 50)
  • Withholding tax returns (PND 53, 54)
  • Preparation of value added tax returns (PP 30, 36)
  • Preparation of house and land tax returns (PRD 2)

Equalization / Hypotax

Mazars can support the implementation of tax equalisation schemes to neutralise liabilities on employees assigned to work abroad, analyse the implications of cross-border assignments and advise on personal income tax issues both in Thailand and overseas.

Property and Real Estate Issues

Before entering into a property related contract in Thailand, Mazars can provide you with advice on all aspects of buying, selling, leasing and developing property. In addition to applicable taxes: Transfer fee / lease registration fee, stamp duty, special business tax (SBT), withholding and income tax, we can provide advice in respect of purchase or sale of shares in a company that has acquired property.

In addition to those services listed above our tax and legal teams can advise on and support applications for Board of Investment (BOI) and Regional Operating Headquarter ROH tax incentives.


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Brochure for Transfer-pricing Services in Thailand

The stricter transfer-pricing (“TP”) laws outlined in the Transfer-Pricing Act came into effect on 1 January 2019. Thailand’s income tax law recognizes the arm’s-length principle and imposes penalties for failing to comply with the TP rules and disclosure requirements. It is important for taxpayers to be aware of these rules and to review their TP practices to see if they comply with the arm’s-length principle in order to avoid these penalties.

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