by panwa group | Jan 7, 2022 | 5.QA
The company stop doing business and therefore has no income and has not notified the termination with the Department of Business Development. For this case, does our company still have to pay corporate income tax? Panwa : If the juristic person has not been...
by panwa group | Nov 12, 2021 | 5.QA
The Company have exported the goods to our client in India last December 25, 2020, in amount of USD25,000 and it arrived India on January 5, 2021. How does the Company recognize this income if the incoterm is “ex works”, please advise. Panwa: Please note that if the...
by panwa group | Nov 12, 2021 | 5.QA
What type of income is the compensation from the transfer of knowledge and expertise in computer technology? Panwa: Compensation for transferring knowledge and expertise in computer technology is considered as assessable income under Section 40 (3) of the Revenue...
by panwa group | Oct 27, 2021 | 5.QA
The Company is the VAT registrant in Thailand, we would like to know that if we have the income from management and coordination to an overseas Company which charge the fee by time to time such as supply accommodation and vehicle, contact hospital and responsible to...