Chandler MHM


Thailand: Transfer Pricing Update

The Revenue Department recently issued a notification related to transfer pricing. The Notification of the Director-General of the Revenue Department Regarding Income Tax (No.400) Re: Rules, Procedures, and Conditions for Adjustment of Income and Expense of Related Companies or Juristic Partnerships was issued on 14 January 2021, and was published in the Royal Gazette on 6 May 2021.