2021 AGM extension due to COVID-19 restrictions

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The Department of Business Development has announced an extension of up to one month for holding an Annual General Meeting scheduled to be convened between 26 to 30 April 2021 due to the government restrictions on gatherings in response to the COVID-19 pandemic.

OECD Guidelines for Transfer Pricing during the COVID-19 Pandemic in Thailand

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Taxpayers and tax administrators around the world are grappling with the unprecedented impact the COVID-19 pandemic is having on transfer pricing arrangements.

On 18 December 2020, the OECD published the much-awaited “Guidance on the transfer pricing implications of the COVID-19 pandemic”.

The Guidance represents the consensus view of the 137 members of the OECD’s Inclusive Framework on base erosion and profit shifting (BEPS) regarding the application of the arm’s length principle and the OECD Transfer Pricing Guidelines to transfer pricing issues in the context of the COVID-19 pandemic.