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BANGKOK GLOBAL LAW

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Category: Legal Insight – August 2024

September 25, 2024Legal Insight - August 2024

The Revenue Department Begins Financial Account Information Exchange under the FATCA Agreement with the United States

On 27 June 2024, a press conference was held that Thai Revenue Department initiates Financial Account Information Exchange under the Foreign Account […]

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September 25, 2024Legal Insight - August 2024

The Personal Data Protection Committee Issues the Notification on the Deletion, Destruction, or Anonymization of Personal Data

On 31 July 2024, the Personal Data Protection Committee (“PDPC”) issued the Notification to clarify the responsibilities of Data Controllers. The Data […]

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September 25, 2024Legal Insight - August 2024

Tax cut could accompany hub policy

The Ministry of Finance contemplated reducing personal income tax and corporate income tax rates as the financial hub incentives to attract foreign […]

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September 25, 2024Legal Insight - August 2024

Digital Token Investment

The Securities and Exchange Commission (“SEC”) sees the new opportunity for small businesses and soft power enterprises to raise capital through digital […]

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September 25, 2024Legal Insight - August 2024

Digital Assets Business Regulatory Frameworks and Exchange Rules

The Securities and Exchange Commission (“SEC”) of Thailand has amended its regulations on digital asset operators and exchanges with a view to […]

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September 25, 2024Legal Insight - August 2024

Co-Payment Option

The Office of the Insurance Commission (“OIC”) recently unveiled the future option for health insurance. The key insight was the potential for […]

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September 25, 2024March 11, 2025Legal Insight - August 2024

A closer inspection of negative income tax

Negative income tax (NIT) has been long considered to be applicable in Thailand. The NIT aims to reform the Thai tax structure […]

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