Tax reporting requirements can be complicated at the best of times. For an existing business a tax compliance review will safeguard the business and identify those areas that need improvement.

Similarly, the buyer of a business requires an understanding of the potential past, present and future tax liabilities, whether fixed or contingent, and whether disclosed or hidden. This assists the buyer in establishing the purchase price of the business as well as the warranties and indemnities to be included in a sale and purchase agreement.

Our services include an evaluation of a Thai company’s compliance with existing tax laws and regulations as well as assist in observing the following reporting requirements:

  • Income tax
  • Withholding tax
  • Value added tax
  • Payroll taxes
  • Specific business tax
  • Stamp duty
  • Customs duties
  • Other taxes

 

Edward Strauss

edward.strauss@th.gt.com