Transfer-pricing disclosure form in 2019

On 7 November 2019, a Notification of the Director-General of the Revenue Department was issued to specify a form for reporting information about companies or legal partnerships that are related, and the total value of transactions between them during an accounting period. This form can be printed from the Revenue Department website for filing together with the annual corporate income tax return (Form PND. 50), commencing from accounting periods beginning on 1 January 2019.

Keywords: Mazars, Thailand, Tax, Revenue Department, PND. 50, Transfer-pricing, Corporate Income Tax

6 December 2019

It is expected that this form will apply to Thai corporate taxpayers having total revenue of THB 200 million or more per accounting period.

The form can be downloaded from the Revenue Department website

Our Mazars tax experts are available to support you to prepare the transfer-pricing disclosure form as well as providing advice on related transfer-pricing matters.