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August 3, 2011

Utilization of Tax Credits on Dividends

Tilleke & Gibbins

One question that is frequently asked by individual shareholders concerns the utilization of tax credit on dividends granted under Section 47 bis of the Thai Revenue Code. This article will discuss the conditions for using tax credit and explain how the tax credit can benefit a shareholder.

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September 5, 2019
Bloomberg Tax, a research portal featuring information on tax systems around the world, has published the Guide to Indirect Taxation in Myanmar , authored by legal practitioners from Tilleke & Gibbins’ office in Yangon.The guide is part of Bloomberg’s repository of expert analyses of tax systems worldwide, which features in-depth information on the ins and outs of tax systems around the globe, including guides to navigating VAT/GST tax systems. In Myanmar, indirect taxation takes the form of commercial tax, which the guide breaks down as follows:
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Thailand’s new Land and Building Tax Act B.E. 2562 (2019) (the “Act”) came into effect on March 13, 2019. Payment of land and building tax under the new Act will be required from January 1, 2020, onwards.
August 7, 2018
Tilleke & Gibbins has contributed to the 2018 edition of Practical Law Company’s Franchising Global Guide, which provides a Q&A-style overview of franchising laws and regulations in 36 jurisdictions worldwide. The Cambodia chapter, written by Jay Cohen and Sophea Sin from Tilleke & Gibbins, covers key franchising issues in Cambodia, including:
May 14, 2018
On Sunday, May 13, two Royal Decrees were published in the Thai Government Gazette, addressing matters relevant to cryptocurrencies and digital tokens. These Royal Decrees clarify some longstanding questions about initial coin offerings (ICOs) and related matters.One of the Royal Decrees sets out the framework for offering, trading, brokering, and exchanging digital currencies and digital tokens, whilst the other deals with some key tax issues.