THAILAND TO UNDERGO MAJOR TAX REFORM
May 22nd, 2015
In the past decade, Thailand has undergone a serious of political upheavals, coups and reversals of power that have left deep divisions within the country. But while opposing factions are still arguing about the future direction of the country, there is one point on which almost every side in Thailand can agree: the Thai tax system is sorely in need of an overhaul. Thailand is still operating under a Revenue Code that was written in 1939, and while it has been tweaked and modified over the years, the last major addition to the code was the introduction of a ...
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