Tax Alert: Transfer Pricing Notification Letter
Tax Alert: Transfer Pricing Notification LetterFrom our previous tax alert, " Compliance as a Key," issued in January 2026, there has been a notable development from the Thai Revenue Department (TRD). Since February 2026, the TRD has begun issuing notification letters to companies, requesting the formal submission of Transfer Pricing (TP) Local File documentation under Section 71 ter of the Revenue Code. As highlighted in our earlier tax alert, this development further indicates that 2026 is a year in which the TRD is placing increased emphasis on tax compliance, particularly regarding transfer pricing.
