Understanding PND94 : Your Mid-Year Tax Filing guide in Thailand.

Uncategorized, #Enter in May 2022, #Thailand scrapped Covid-19 Test, #ThailandDigitalNormad, #ThailandPass, Flash, Latest Flash, MBMG's Trip, Media, Press Release, Thought LeadershipLeave a comment

If you’ve earned over THB 60,000 as a single individual or THB 120,000 as a married individual (with a spouse claiming tax deductions and no income), it’s time to take action. PND 94 is a mid-year tax filing requirement you can’t afford to ignore. The Revenue Department requires mid-year filing for specific types of income,…

How Thailand’s Tax Changes Affect Your Overseas Income

#Enter in May 2022, #Thailand scrapped Covid-19 Test, #ThailandDigitalNormad, #ThailandPass, Flash, Latest Flash, MBMG's Trip, Media, Press Release, Thought LeadershipLeave a comment

Thailand’s New Approach to Taxing Foreign-Sourced Income Overview of Changes Orders No. P.161 and P.162 of the Revenue Department (RD), effective from January 1, 2024, represent a significant shift in Thailand’s approach to taxing foreign-sourced income. What Counts as Assessable Income? Assessable income now includes a broad range of earnings such as employment income, professional…

Discover the Destination Thailand Visa : Your Gateway to Paradise !

Uncategorized, #Enter in May 2022, #Thailand scrapped Covid-19 Test, #ThailandDigitalNormad, #ThailandPass, Flash, Latest Flash, MBMG's Trip, Media, Press Release, Thought Leadership, Thought LeadershipLeave a comment

Thailand, often dubbed the “Land of Smiles,” is not just a dream destination for tourists but now a haven for remote workers and digital nomads. With the launch of the Destination Thailand Visa (DTV) on July 15, 2024, the country is rolling out the red carpet for those seeking adventure and a change of scenery…

Every Time a Bell Rings… Should You Cut Your Hedge Exposure?

#Enter in May 2022, #Thailand scrapped Covid-19 Test, #ThailandDigitalNormad, #ThailandPass, Flash, Latest Flash, MBMG's Trip, Media, Press Release, Thought LeadershipLeave a comment

Every Time a Bell Rings… Should You Cut Your Hedge Exposure? MBMG IA’s Paul Gambles recently participated as an expert panellist at the Hubbis Digital Dialogue Series event on Hedge Funds and their Role in Private Client Portfolios Today. He highlighted the diverse potential within the hedge fund universe, emphasizing that with the right approach,…

Hua Hin hosts major Tax Talk event on foreign income regulations

#Enter in May 2022, #Thailand scrapped Covid-19 Test, #ThailandDigitalNormad, #ThailandPass, Flash, Latest Flash, MBMG's Trip, Media, Press Release, Thought LeadershipLeave a comment

Hua Hin hosts major Tax Talk event on foreign income regulations On Monday, May 6, nearly 200 individuals gathered at the G Huahin Resort & Mall for a significant event titled Tax Talk – Decoding Thailand’s New Rules for Foreign Income. Organized by MBMG Group, Hua Hin Accounting and Law, and Nextto, the session aimed…

Empowering Employees through Ownership: Exploring ESOPs and Alternatives

#Enter in May 2022, #Thailand scrapped Covid-19 Test, #ThailandDigitalNormad, #ThailandPass, Flash, Latest Flash, MBMG's Trip, Media, Press Release, Thought LeadershipLeave a comment

Empowering Employees through Ownership: Exploring ESOPs and Alternatives Employee ownership is a powerful driver of motivation, loyalty, and productivity. Employee Stock Ownership Plans (ESOPs) have emerged as a popular strategy to align employees’ interests with the long-term success of their companies. However, ESOPs are just one of several options available to businesses looking to foster…

The Ratification of BEPS (Impacts all large multinationals either in Thailand and expanding abroad or opening in Thailand).

#Enter in May 2022, #Thailand scrapped Covid-19 Test, #ThailandDigitalNormad, #ThailandPass, Flash, Latest Flash, MBMG's Trip, Media, Press Release, Thought LeadershipLeave a comment

The Ratification of BEPS (Impacts all large multinationals either in Thailand and expanding abroad or opening in Thailand). Thailand has been improving its laws on the tax transparency landscape.  Three months ago, Thailand submitted to the Organization for Economic Cooperation and Development (“OECD”) its notification of ratification of the Base Erosion and Profit Sharing treaty convention (known as…

Mayhem, maybe?| MBMG Report and Outlook May 2024

#Enter in May 2022, #Thailand scrapped Covid-19 Test, #ThailandDigitalNormad, #ThailandPass, Flash, Latest Flash, MBMG's Trip, Media, Press Release, Thought LeadershipLeave a comment

Mayhem, maybe?| MBMG Report and Outlook May 2024 Tight monetary policy + loose fiscal policy ≠ neutral policy It seems clear to us that policymakers have long past the point where reliance on excess liquidity will be able to mask the effects of overly tight monetary policy at some point in the future. This almost…

Unveiling the Mirage: America’s Economic Reality and the Global Warning Signs

#Enter in May 2022, #Thailand scrapped Covid-19 Test, #ThailandDigitalNormad, #ThailandPass, Flash, Latest Flash, MBMG's Trip, Media, Press Release, Thought LeadershipLeave a comment

Unveiling the Mirage: America’s Economic Reality and the Global Warning Signs The Disparity Between Perception and Reality There exists a significant contradiction in how Americans view their personal economic situations—generally positive—versus a more somber macroeconomic perspective. This contrast is often attributed to political narratives that skew public perception, suggesting a deep-seated bias in individual economic…

Understanding the New Thai Tax Residency Rules: A Guide for Expats and Foreign Residents

#Enter in May 2022, #Thailand scrapped Covid-19 Test, #ThailandDigitalNormad, #ThailandPass, Flash, Latest Flash, MBMG's Trip, Media, Press Release, Thought LeadershipLeave a comment

Understanding the New Thai Tax Residency Rules: A Guide for Expats and Foreign Residents For many expats and foreign residents in Thailand, understanding tax laws can be challenging. Recent changes to Thai tax residency rules have implications for those who spend a significant amount of time in the country. This article aims to clarify these…